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.”
Related Posts
-
October 4, 2017
The board of taxi firm Uber votes unanimously for governance reforms, increasing the number of independent directors and paving the way for new Japanese investment.
-
June 15, 2021
New chief executive Matt Furlong and chief financial officer Mike Recupero both previously held senior roles at Amazon.
-
April 6, 2018
Michel Liès takes the Zurich chair after a long career at Swiss Re; and Toshiba looks to improve its fortunes with an external chairman and CEO appointment.
-
September 14, 2017
When should boards take a more proactive approach to governance and strategic decision-making? Research shows that non-executives needn't wait for a crisis to intervene.