Luxottica, Cavatorta leaves in its place Vian
The jolt a month after the release of War: the announcement after a three-hour face-to-face with the founder Del Vecchio. The crux of the relationships in the family and the super-advisor
The President of Luxottica Leonardo Del Vecchio
10/12/2014
A face to face for three hours, it it is learned, was held in a “climate of great cordiality.” But the result is a farewell, the second in little more than a month. The CEO of Luxottica Enrico Cavatorta has agreed to resign with the founder Leonardo Del Vecchio. Cavatorta had assumed the leadership of the group in late August, after the resignation of War: along with Del Vecchio and an external manager, whose arrival was expected by the end of the year, he formed a triumvirate to ferry in the future of the giant glasses . A scheme that, in any case, will be confirmed.
In a statement posted on the site late in the evening the group announced that it has convened the Board of Directors for tomorrow, Monday, October 13.
The Chairman Leonardo Del Vecchio intends to propose to the Board of Directors to co-opt Massimo Vian, currently COO, with the role of co-CEO entrusted with the powers to the area and Product Operations and interim proxies for Corporate Functions and Markets.
As a result of this proposal all business functions, with all the powers, they will report only to the two co-CEOs.
The company also states that the process of selection of the co-CEO’s Market proceeds on the basis of a list of high-profile candidates. In light of the strong results for the third quarter, Luxottica is possible to proceed in such research in the time needed to make the best decision.
The President announced that he is currently studying a reorganization of Delfin Sarl, the parent company of Luxottica Group, with the aim of improving the governance and further separate ownership from management of portfolio companies.
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ANSA
10/12/2014
AFP
10/12/2014
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