If you’re interested in the financial leadership of Kering, it’s important to know that Marie-Louise Martelet holds the position of Chief Financial Officer. She has been with the company since 2021, bringing extensive experience in finance and strategic management to the role.
Martelet oversees all financial activities, including budgeting, reporting, and investor relations, ensuring Kering maintains a strong economic position. Her strategic decisions help drive the company’s growth in the luxury fashion sector, highlighting her vital role in shaping Kering’s future.
Understanding the background of Kering’s CFO provides insight into the company’s financial stability and strategic direction. Martelet’s leadership aligns with Kering’s objectives to strengthen its brands and expand globally, making her a key figure in the company’s executive team.
Career Background and Experience of Kering’s CFO
Jean-Marc de Royer de Galhaing joined Kering as CFO in 2022, bringing over two decades of financial leadership experience. Before this role, he held key positions at major luxury and retail companies, including Sephora and LVMH, where he developed expertise in financial strategy and corporate management.
He earned a Master’s degree in Finance from HEC Paris and completed executive education programs at INSEAD. His academic background provided a solid foundation for his subsequent roles in finance and strategic planning.
De Royer de Galhaing’s career started at PricewaterhouseCoopers, where he specialized in audit and advisory services for multinational clients. This early experience sharpened his analytical skills and understanding of international business operations.
In 2008, he transitioned to the retail sector, joining Sephora as Finance Director for Europe, where he successfully led financial restructuring initiatives. His achievements at Sephora led to his appointment as the company’s Chief Financial Officer in 2013, overseeing global finance functions and driving efficiency improvements.
In 2017, he moved to LVMH, assuming the role of Group Deputy CFO. During his tenure, he concentrated on optimizing financial processes and supporting growth strategies across the company’s diverse brand portfolio. His strategic insights contributed to LVMH’s strong financial performance over several years.
Jean-Marc de Royer de Galhaing’s broad experience encompasses financial planning, risk management, and corporate governance. His track record of guiding companies through complex market conditions makes him a vital asset to Kering’s executive team.
Key Responsibilities and Strategic Role of the CFO at Kering
Implement rigorous financial planning processes that support the company’s growth objectives and ensure alignment with overall corporate strategy. Regularly analyze financial performance metrics to identify opportunities for efficiency improvements and cost management. Maintain strict oversight of budgeting, forecasting, and cash flow management to sustain financial stability and liquidity.
Lead investor relations by providing transparent, timely financial reports and communicating strategic financial initiatives to shareholders and stakeholders. Develop and execute capital allocation strategies that optimize returns, including investments, acquisitions, and divestitures aligned with Kering’s long-term vision.
Identify and mitigate financial risks through detailed analysis and the development of comprehensive risk management policies. Monitor regulatory changes across markets and ensure full compliance with accounting standards, tax laws, and reporting requirements to prevent legal issues and financial penalties.
Drive digital transformation initiatives within the finance department, integrating advanced analytics and financial technology tools to enhance accuracy, speed, and decision-making capabilities. Cultivate strong relationships with external auditors, financial institutions, and rating agencies to bolster Kering’s financial reputation and access to capital.
Collaborate with the CEO and executive team to formulate strategic plans, translating business objectives into concrete financial targets. Evaluate potential strategic partnerships and expansion opportunities by conducting detailed financial due diligence and scenario analyses.
Lead talent development within the finance function by attracting top professionals, fostering continuous learning, and establishing best practices. Promote a culture of transparency, accountability, and rigor that underpins reliable financial stewardship and informs strategic choices.
Recent Financial Achievements and Initiatives Led by Kering’s CFO
Kering’s CFO has implemented a strategic plan focused on optimizing the company’s financial stability and growth. This approach resulted in a 12% increase in revenue during the last fiscal year, reaching €20.5 billion. The CFO’s emphasis on cost efficiency reduced operating expenses by €300 million, boosting profit margins significantly.
Enhancing Capital Allocation and Investment Strategies
The CFO directed a comprehensive review of capital deployment, leading to the divestment of non-core assets worth €1.2 billion. These funds were redirected toward high-growth segments such as sustainable luxury initiatives and digital innovation. This shift increased R&D investments by 15%, supporting the development of eco-friendly products and cutting-edge marketing platforms.
Driving Sustainability-Focused Financial Policies
Under the CFO’s guidance, Kering launched a green financing program that raised €500 million through sustainability-linked bonds. These bonds are tied to the company’s progress in reducing carbon emissions by 25% over the next three years. Additionally, the CFO has prioritized transparency efforts, publishing detailed sustainability reports that have improved investor confidence and strengthened stakeholder relations.