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Richemont chairman disapproves of activist shareholder’s board proposal

Johann Rupert, the chairman of luxury conglomerate Richemont, has slammed an activist shareholder’s proposal to nominate former Bulgari CEO Francesco Trapani to its board. Fund manager Bluebell proposed that, alongside the board election, the company designated Trapani as representative of all holders of the company’s ‘A’ shares. In a letter to...

Aug 15, 2022