April 10, 2020 / 7:41 AM / 4 months ago

BRIEF-Kering CEO Reduces Fixed Portion Of His Salary Until End-2020

April 10 (Reuters) - Kering SA:

* FRANÇOIS-HENRI PINAULT, CHAIRMAN AND CEO OF KERING, HAS DECIDED TO REDUCE THE FIXED PORTION OF HIS SALARY BY 25% FROM APRIL 1ST, UNTIL THE END OF 2020

* FRANÇOIS-HENRI PINAULT AND JEAN-FRANÇOIS-PALUS WAIVE ENTIRETY OF VARIABLE PORTIONS OF THEIR ANNUAL REMUNERATION FOR 2020 Source text : bit.ly/3c7RF6M Further company coverage: (Gdansk Newsroom)

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