Essilor-Luxottica Group Will Have New CEO, Says Essilor Chief -FT
11 Dicembre 2017 - 11:11AM
Dow Jones News
--Essilor-Luxottica will look for a new chief executive
following merger, says Essilor's CEO Hubert Sagnieres, the
Financial Times reported Sunday.
--Mr. Sagnieres did not give a time frame for the new
appointment and said that Luxottica's founder Leonardo Del Vecchio
supports the idea.
--Before any appointment is made, Mr. Del Vecchio and Mr.
Sagnieres will share executive powers equally, the Financial Times
reports, noting that Mr. Del Vecchio will be the single largest
shareholder of the combined group, controlling around one third of
the stake.
Full story: http://on.ft.com/2AtOWWS
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(END) Dow Jones Newswires
December 11, 2017 04:56 ET (09:56 GMT)
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