EssilorLuxottica Changes GrandVision Leadership
19 Aprile 2022 - 8:00AM
Dow Jones News
By Cristina Roca
EssilorLuxottica SA has made changes to the leadership at
GrandVision, the business it acquired in a multibillion-dollar
deal.
The Franco-Italian optical giant said Friday that GrandVision
Chief Executive Stephan Borchert and Chief Financial Officer Willem
Eelman are stepping down, effective April 22.
Niccolo Bencivenni will be GrandVision's new finance chief, the
company said.
EssilorLuxottica named Massimiliano Mutinelli as its president
for optical retail for Europe, the Middle East and Africa, as well
as head of GrandVision's Amsterdam corporate offices.
GrandVision's supervisory board will end its mandate on April 22
as part of the company's integration into EssilorLuxottica, it
said.
On Thursday, EssilorLuxottica said that it had completed the
buyout of the remaining GrandVision shareholders, and that it now
held 100% of the business.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
April 19, 2022 01:45 ET (05:45 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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