Kering: Boucheron: Departure of Pierre Bouissou

Regulatory News:

Kering (Paris:KER) announces that Pierre Bouissou will be leaving his position as Boucheron President and CEO, effective 27 April 2015, to follow new professional challenges outside Kering Group.

Pierre Bouissou had joined the Kering Group in 2011 from LVMH where he served as Managing Director of Berluti.

The name of his successor will be announced in due course. During the transition, Albert Bensoussan, CEO of Kering "Luxury - Watches & Jewelry” division, will take direct responsibility of the brand.

Kering thanks Pierre Bouissou for his strong commitment and his contribution to the renewal of the Maison Boucheron.

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About Kering
A world leader in apparel and accessories, Kering develops an ensemble of powerful Luxury and Sport & Lifestyle brands: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Sergio Rossi, Boucheron, Dodo, Girard-Perregaux, JeanRichard, Pomellato, Qeelin, Ulysse Nardin, Puma, Volcom, Cobra, Electric and Tretorn. By ‘empowering imagination’ in the fullest sense, Kering encourages its brands to reach their potential, in the most sustainable manner.
Present in more than 120 countries, the Group generated revenues of €10 billion in 2014 and had more than 37,000 employees at year end. The Kering (previously PPR) share is listed on Euronext Paris (FR 0000121485, KER.PA, KER.FP).