Eyewear brand EssilorLuxottica has announced a new CEO, chair and board of directors as part of a governance revamp at the Franco-Italian company.
Francesco Milleri has been appointed as chief executive, with Leonardo del Vecchio, the founder of Luxottica, as chair. Paul du Saillant will be deputy CEO, with Stefano Grassi taking the role of chief financial officer.
The other board members are: Romolo Bardin, Jean-Luc Biamonti, Marie-Christine Coisne-Roquette, Juliette Favre, José Gonzalo, Swati Piramal, Cristina Scocchia, Nathalie von Siemens and Andrea Zappia.
The governance revamp comes after what the FT termed “a very public fight” following the 2018 merger of French firm Essilor and the Italian Luxottica.
Francesco Milleri, CEO of EssilorLuxottica said: “I want to thank the board members and the entire company for trusting in me and our outstanding executive team. I am very pleased to continue working with Paul to lead EssilorLuxottica into its next chapter, where we will reach new heights while creating value for all our stakeholders.”
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