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Essilor and Luxottica still in contention

2020-03-06T19:01:39.076Z


The Italian camp tried to get the head of Laurent Vacherot, one of the two main leaders of the group.


The governance crisis is starting again at EssilorLuxottica. A year and a half after the group was created, the Italian camp asked for the head of one of the group's two main operational leaders, the Frenchman Laurent Vacherot. Thursday, during the board of directors, the vote ended with 8 in favor, 7 against, and one abstention, that of Laurent Vacherot.

Read also: Laurent Vacherot: "The EssilorLuxottica union works!"

The director general of Essilor, responsible for integrating the group with the Italian Francesco Milleri, boss of Luxottica, remains: his departure would have required a vote against more. "This vote was not personal, it is the responsibility of Laurent Vacherot as the boss of Essilor in the fraud in Thailand that he was asked to take on," said a relative of the Italian camp.

Revealed in December, this affair poisons the already complicated relations between the two camps. Fraud, initiated by the financial director of one of the four factories of Essilor in Thailand embarked in an online romance with a crook, cost

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Source: lefigaro

All business articles on 2020-03-06

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