Daniela Riccardi appointed to Kering’s board

Luxury conglomerate Kering has appointed Daniela Riccardi, Chief Executive Officer of Baccarat, to its board of directors following

its annual general meeting this week.

Riccardi will serve on Kering’s board of directors for a term of four years. The Group's AGM has also approved the renewal of the terms of office of Laurence Boone and Yseulys Costes as directors for four-year terms.

François-Henri Pinault, chairman and CEO of Kering, said: "I am very pleased to welcome Daniela Riccardi to Kering's board of directors. Her expertise in the field of international brand management, as well as in the luxury and lifestyle sectors, will provide a valuable contribution and further enhance the quality of our work on such strategic issues as international retail and emerging markets."

There are eleven members on Kering's board of directors, four women and seven men, with five of the members being independent.