Inter Parfums (IPAR) Appoints Gerard Kappauf to its Board
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SELL (= Flat)
Dividend Yield: 2.1%
Revenue Growth %: -1.4%
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Inter Parfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced the election of Gerard Kappauf (“Kappauf”), to its board of directors, effective September 14, 2023. The Company also announced the retirement of two directors, Michel Dyens and Patrick Choël, reducing the size of the board to nine members, of which five are independent.
“We are delighted to welcome Kappauf to our board. We are confident that Kappauf’s perspective on fashion, luxury, culture, and the art of living will bring diversity of viewpoints to our board of directors. I want to thank Michel and Patrick for their many years of service and their invaluable contributions and insights,” said Jean Madar, Chairman & Chief Executive Officer of Interparfums.
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