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Richemont Says Ex-Bulgari CEO Is ‘Inappropriate’ for Board

The group urged shareholders to vote against activist investor Bluebell’s proposal to appoint Francesco Trapani to the board because he is too closely associated with arch-rival LVMH.
The exterior of a Cartier store showcasing jewels in the window display and the stores signage at the top.
Cartier-owner Richemont says ex-Bulgari CEO is "inappropriate" for board because he is too closely associated with arch-rival LVMH. (Getty Images)

Richemont

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