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Leonardo Maria Del Vecchio has resigned from all his positions at EssilorLuxottica, including chairman of Ray-Ban and chief strategy officer, expressing disappointment with a 'distant and impersonal' management style. This move is a significant development for the Franco-Italian eyewear giant, with family disputes over the control of the Delfin holding company also having broader financial repercussions.
Corriere della Sera:
Leonardo Del Vecchio Resigns from EssilorLuxottica, Cites Distant Management
Leonardo Maria Del Vecchio has resigned from his positions at EssilorLuxottica, expressing in a letter to Milleri his disappointment with a management style he describes as distant and impersonal.
ANSA:
Del Vecchio Steps Down from All Roles at EssilorLuxottica
Leonardo Maria Del Vecchio is relinquishing all his positions within EssilorLuxottica. The company acknowledges his contribution to growth, with his letter suggesting a 'distant' management style focused on 'impersonal' decisions rather than people.
Il Fatto Quotidiano:
Leonardo Maria Del Vecchio Resigns from All EssilorLuxottica Roles, Criticizes…
Leonardo Maria Del Vecchio, son of the group's founder, has resigned from his positions as chairman of Ray-Ban and chief strategy officer of the Franco-Italian eyewear giant, criticizing the current management.
Il Post:
Leonardo Maria Del Vecchio to Leave EssilorLuxottica
Leonardo Maria Del Vecchio, son of the founder, has cited the current management's detachment from workers as the reason for his departure.
La Stampa:
Leonardo Del Vecchio Leaves EssilorLuxottica Posts
Leonardo Maria Del Vecchio is stepping down from his positions within EssilorLuxottica, a significant development in the business world.
la Repubblica:
Leonardo Del Vecchio Steps Down from EssilorLuxottica Roles
Leonardo Maria Del Vecchio is leaving all his positions at EssilorLuxottica, citing a distant and impersonal management style.
Il Post:
Del Vecchio's Legacy: More Than Just Family
Family disputes over the control of the Delfin holding company have repercussions on the financial system and several listed companies.
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