Beatrice Ballini joined the Board in September 2019. At the end of 2023, Ms. Ballini was named Operating Partner of VAM Investments, a private equity fund. Since September 2023, Ms. Ballini is a member of the board of Gruppo Florence, an integrated manufacturing hub in Italy for the international luxury sector. Until June 2023, Ms. Ballini was a senior member of the Retail Practice at Russell Reynolds Associates, a global leadership advisory and search firm, where she was a member of the Executive Committee between 2014 and 2017, led Family Business Services and was a Steering Committee Member of the Board and CEO Advisory group. Prior to joining Russell Reynolds Associates more than 20 years ago, Ms. Ballini was the Chief Executive Officer of a prominent men’s clothing manufacturer in Milan where she assisted with the company’s strategic growth. Prior to that, she was a Vice President at Goldman Sachs & Co. M&A Department in New York and a Manager at Bain & Co. in Boston after starting her career at Bain London l. Ms. Ballini has also taught in the Master in Marketing program at Sciences Politiques in Paris. She is a member of the Europe and Middle Eastern Executive Board of MIT/Sloan. She holds a laurea degree in Chemical Engineering from the Polytechnic of Milan, a Master of Science from the Massachusetts Institute of Technology and an MBA from the MIT Sloan School of Management.