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Fund manager Bluebell seeks Richemont board changes
2022.07.19 09:10
The logo of the luxury goods company Richemont is pictured at its headquarters in Bellevue near Geneva, Switzerland, June 2, 2022. REUTERS/Denis Balibouse
ZURICH (Reuters) – Fund manager Bluebell Capital Partners has asked Compagnie Financiere Richemont to broaden representation on its board of directors, the Swiss luxury group said on Tuesday.
Bluebell wants the company to designate a representative of the holders of ‘A’ shares and elect that representative to the company’s board, it said.
Bluebell also seeks to increase the minimal number of board members to six in proposals to be submitted at the annual general meeting.
