×
230
Fashion Jobs
H&M
Business Expert to h&m Group Business Tech
Permanent · Stockholm
H&M
Business Analyst For The h&m Brand Customer Insights & Analytics Team
Permanent · Stockholm
H&M
Production Manager – m&c – Divided
Permanent · Stockholm
H&M
Production Manager – m&c – Divided
Permanent · Stockholm
H&M
Head of Merchandising eu Retail - & Other Stories
Permanent · Stockholm
H&M
Technical Product Owner – Loyalty Engine/CRM
Permanent · Stockholm
H&M
Product Owner – Topdown Planning Assortment
Permanent · Stockholm
MARC O' POLO
Sales Manager / Key Account Manager Scandinavia M/W/D
Permanent · STOCKHOLM
H&M
Senior Business Controller to h&m Sport
Permanent · Stockholm
H&M
Product Owner Within Circular Business Models
Permanent · Stockholm
H&M
Technical Product Owner For ci/cd Team
Permanent · Stockholm
H&M
Business Analyst h&m Sport
Permanent · Stockholm
H&M
Business Experts to Inventory Optimization
Permanent · Stockholm
H&M
Art Buyer - h&m Sport
Permanent · Stockholm
RITUALS
Senior Account Manager Wholesale Nordics
Permanent · Stockholm
H&M
Product Owner to External Group Communications, Business Tech
Permanent · Stockholm
H&M
Head of New Business Development - h&m Sport
Permanent · Stockholm
H&M
E-Commerce Operations Coordinator / Business Expert
Permanent · Stockholm
H&M
E-Commerce Business Analyst
Permanent · Stockholm
H&M
Data Analyst to a Data Driven Team in Business Tech
Permanent · Stockholm
H&M
Senior Agile Project Manager For Business And Tech Development
Permanent · Stockholm
H&M
Business Expert – Colleague Development & Growth
Permanent · Stockholm
By
Reuters
Published
Apr 18, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

EssilorLuxottica confirms search for new CEO via headhunter

By
Reuters
Published
Apr 18, 2019

French-Italian eyewear group EssilorLuxottica has hired two headhunters to search for a new chief executive officer in a bid to cool a conflict between its French and Italian partners over leadership of the company.


Reuters


EssilorLuxottica, which resulted from the merger of French lenses maker Essilor and Italian frame manufacturer Luxottica last October, is being torn apart as the two groups, who were supposed to have equal weighting in the combined company’s leadership, accuse each other of trying to dominate.

Tensions became apparent last November, when Luxottica’s founder Leonardo Del Vecchio, who is the chairman of the merged entity, appeared to tap his right-hand man, Francesco Milleri, for the chief executive’s role, irking the French side.

Hubert Sagnieres, who came from Essilor and is vice-chairman of the new entity, has openly criticised Del Vecchio.

As the conflict has focused on who will lead the company, EssilorLuxottica’s nomination and compensation committee has managed to make Del Vecchio and Sagnieres accept the hiring of two recruitment firms to find a new CEO, the company said in a statement on Wednesday.

“The future CEO will be agreed and proposed to the Board of Directors for joint appointment by both the Executive Chairman and the Executive Vice-Chairman,” the statement said.

The group’s new boss, who will first hold the title of “Directeur General Delegue”, will run EssilorLuxottica as a non-operating company and will assist Del Vecchio and Sagnieres to integrate the two firms, that will however remain as separate and autonomous legal entities.

© Thomson Reuters 2021 All rights reserved.