EssilorLuxottica's Governance Turmoil Deepens as Founder's Son Challenges CEO's Future
18 Articles
18 Articles
EssilorLuxottica: family conflict escalates and reshapes management - RetailDetail EU
The French-Italian eyewear giant EssilorLuxottica, known for brands such as Ray-Ban, Oakley, and Persol, is restructuring its top management following a public conflict with the founder’s son. CEO Francesco Milleri is also taking this opportunity to better integrate the company’s growing tech operations, such as its smart glasses developed with Meta.
Il Tempo
Cernobbio (Como), 6 set. (askanews) - "Essilux is the true legacy of our father and has lost 50% on the Stock Exchange. I hope a change of strategies and a new phase" said Leonardo Maria Del Vecchio, shareholder of Delfin, talking about the future of the group of glasses. "We talk too much about me and Francesco, but the most important thing is to keep and bring another 10 years of success to EssilorLuxottica. Whether Francesco Milleri or Tizio …
"A dualism has been created between me and Francesco Milleri but in the center must return Essilux, true legacy of our father" (ANSA)
Cernobbio the founder's heir asks for a new phase for the colossus of the glasses and attacks the board of the holding company: "It is missing the case and the execution willary. The cda works full time"
Leonardo Maria Del Vecchio calls for a change of direction in the optics giant. The group lost half of its stock market value and... Read more The son of the founder of EssilorLuxottica asks for a new course after the fall of the title appeared first on Le Singulier.
(Teleborsa) - Sitting in red for EssilorLuxottica who, at the moment, gives about 1.5% to the Paris Stock Exchange in wake to the words spoken by Leonardo Maria Del Vecchio on the occasion of the Cernobbio Forum...
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