Prada adds two ESG experts to Board of Directors
Prada Group has announced the appointments of Environmental, Social and Governance (ESG) experts Pamela Culpepper and Anna Maria Rugarli to the company's Board of Directors.
Prada said Culpepper and Rugarli were selected for their "proven professional background" in ESG, and in accordance with the brand’s Diversity Policy of the Board of Directors. The appointments bring the Group's total board members to 11, comprising five women and six men.
Culpepper is the co-founder of Have Her Back, a female-owned and led culture consultancy focused on advancing equity. The veteran HR executive was also the Chief Human Resources Officer at exchange holding company Cboe Global Markets, and previously held various leadership roles at PepsiCo.
Rugarli, a sustainability and CSR expert, has more than 20 years of experience designing innovative programs and in developing sustainability strategies. She spent 12 years at Nike, where she initiated and launched sustainability and corporate social responsibility (CSR) programs in Europe, the Middle East and Africa. Regarli currently holds the Corporate Sustainability Vice President position at Japan Tobacco International.
The appointments reinforces the Italian luxury house's commitment to sustainability through the upcoming establishment of an ESG Board Committee under the leadership of Lorenzo Bertelli, Prada Group's Head of Corporate Social Responsibility.
The Committee will assist and support the Board of Directors in its sustainability assessments and decisions with regards to the three courses of action at the basis of the Group’s ESG strategy, people, environment and culture.
Lorenzo Bertelli, Prada Group head of CSR, said in a statement: "I am pleased to welcome to the Board Pamela Culpepper and Anna Maria Rugarli, professionals with an extensive knowledge in ESG topics and who held leadership positions in multinational companies.
"Their contribution will be crucial for the Board and for the deployment of Prada’s sustainability strategy. This decision will allow us to accelerate in several projects already in our pipeline."