What did ISS recommend regarding Richemont's chairman?

ISS recommended that Richemont investors vote against the reelection of Chairman Johann Rupert due to concerns over the company's unequal voting rights structure.

What percentage of voting rights does the Rupert family hold?

The Rupert family holds 9.1% of Richemont's equity, which translates to 50% of the voting rights.

What was ISS's stance on the executive committee's bonus payments?

ISS opposed the proposed bonus payments to the executive committee, totaling 30.6 million Swiss francs, criticizing Richemont for not providing the necessary targets and results.

Did Richemont respond to ISS's recommendations?

Richemont did not immediately respond to a Reuters request for comment regarding ISS's recommendations.

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Home > Finance > Proxy advisor opposes reelection of Richemont chairman

Finance

Proxy advisor opposes reelection of Richemont chairman

Published by Global Banking & Finance Review®

Posted on August 20, 2025

1 min read

Last updated: January 22, 2026

Proxy advisor opposes reelection of Richemont chairman - Finance news and analysis from Global Banking & Finance Review

Proxy advisor opposes reelection of Richemont chairman

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Institutional Shareholder Services Urges Against Richemont Chairman's Reelection

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