Jean-François is CFO at luxury group PPR

16 Dec '05

2 min read

Retail group PPR announced that company appointed Jean-François Palus as Chief Financial Officer (CFO)

In this position, Jean-François Palus will be responsible for all of the Group's financial functions (the Financial Control, Finance and Treasury, and Tax departments), as well as for the Strategy and Corporate Development department and Financial Communications.

He is a member of the PPR Executive Committee.

At the next Board of Directors, it will be proposed that Jean-François Palus participate in meetings of the Board of Directors as an advisor to the Board (censeur).

Since March 2005, Jean-Francois Palus, age 44, was in charge of the PPR mergers and acquisitions department, reporting to François-Henri Pinault, Chairman and CEO of the Group. His previous role, since 2001, was as a Director and Board Member of the Artemis family holding company.

Before joining Artemis, he spent 10 years with the PPR group, as Deputy General Manager and CFO for Pinault SA's Industry-Wood division (from 1991 to 1993), Group Financial Controller (from 1993 to 1997), then Store Manager with FNAC (1997-1998), and finally CFO & Corporate Secretary and member of the Conforama Management Board (from 1998 to 2001). Jean-François Palus started his career with Arthur Andersen in 1985 in audit and financial consulting.

France based luxury player PPR (formerly Pinault-Printemps-Redoute) with approximately 82,000 employees in 65 countries. The goal is to be one of the world's most admired companies for its capacity to seduce and surprise its customers, its outstanding products and services, its constant drive to improve performance and its corporate ethics.

PPR

More Fashion News - France...