This Committee submits proposals to the Board, which approves any major strategic decisions. The remaining 56.8% of the shares are being publicly held. Ginette de Matteis Following the closing, EssilorLuxottica has a share capital made of 358,840,853 shares. #01 Connected life: take care of your eyes! Its chair is held by a Director designated by Delfin. Paul du Saillant has served as Deputy CEO of Essilor since 2019 and as COO from 2010 to 2019. “This is a milestone moment for EssilorLuxottica because we have successfully mapped out our go-forward strategy and initiated the first concrete moves of the integration. By sending the form above, I acknowledge that I have read the Privacy Notice and that I have been fully informed of the terms and conditions under which Essilor International processes my personal data. EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses enabling people everywhere to learn, to work and to fulfil their potential. Ray-ban owner EssilorLuxottica draws line under Franco-Italian feud Add a Comment Tel: +33 (0)1 49 77 45 02, Media Relations According to EssilorLuxottica, the agreement has empowered deputy chairman and CEO of Luxottica Group Francesco Milleri and Essilor International CEO Laurent Vacherot with the responsibility to execute EssilorLuxottica’s strategy and integration process. Executive chairman of EssilorLuxottica, Leonardo Del Vecchio, said: “I’m very pleased about this outcome. Enter the website to learn more. The new EssilorLuxottica board of directors met today and decided on the following: The Integration Committee, led by the Chairman and the Vice Chairman and supported by two integration leaders with deep knowledge of the Essilor and Luxottica … Company profile page for EssilorLuxottica SA including stock price, company news, press releases, executives, board members, and contact information Financial Arrangements. The main duty of the Committee consists of regularly reviewing the overall Groupâs strategy, including, but not limited to, acquisition, divestment, products and technology, growth and financial strategy as well as its geographical and marketing strategies, and making recommendations to the Board of Directors in this respect. Prior to this, he was COO of Lhoist Group and Senior Executive Vice President of Air Liquide. Together, we will make EssilorLuxottica stronger”, said Paul du Saillant, CEO of Essilor. Together, we will make EssilorLuxottica stronger”, said Paul du Saillant, CEO of Essilor. EssilorLuxotticaâs Governance organization comprises four committees, which support, assist and advise the Groupâs Board of Directors on four topics. “I’m fully confident in Paul’s ability to write a successful new page in the integration of Essilor and Luxottica, together with a renewed team of energized young executives. Charenton-le-Pont, FRANCE. If you don't get a response from us within a month, it means that your application does not meet our current needs. EssilorLuxottica Investor Relations (Charenton-le-Pont) Tel: + 33 1 49 77 42 16 (Milan) Tel: + 39 (02) 8633 4870 E-mail: ir@essilorluxottica.com EssilorLuxottica Corporate Communications To complete the combination of the two companies, Delfin, the majority shareholder of Luxottica, contributed its 62.42 per cent stake in Luxottica to Essilor on October 1, 2018. Charenton-le-Pont, France (March 30, 2020 – 6:00 p.m.) – In view of recent world changes, it has become necessary for Essilor to speed up its integration with Luxottica in order to build a more resilient, flexible and agile combined organization. The merger integration … The ClickCheck™: bringing vision care to underserved communities. The Corporate Social Responsibility Committee consists of four members. They will continue to leverage and expand the power of Essilor’s mission to improve lives by improving sight with the full knowledge that companies with a strong mission better weather market volatility, mobilize talents faster and come out stronger as a result. Its chair is held by a Director designated by Delfin. The Nomination and Compensation Committee consists of four members; the chair of the Committee is held by a Director who was a member of the Board of Directors of Essilor in office as of the date of the Combination Agreement and designated by Essilor. However, please continue to check our website as we regularly publish new job offers. * PDF or Word document By continuing to browse the site you are agreeing to our use of cookies. Corporate Communications AIAA Integration and Outreach Committees (IOCs) are differentiated from technical committees in that they are focused on the cross-discipline integration/ programmatic and societal interface/ outreach areas of interest of the Institute, and often span more than one technical discipline in their scope. Tel: +33 (0)1 49 77 45 02, 147 rue de Paris, 94220
This is necessary to rebound faster when the recovery comes, fulfill our mission of improving lives by improving sight and further our integration with Luxottica. “I’m honored to be asked to lead Essilor in its next development phase. The Strategy Committee consists of six members but, unless otherwise determined by a joint decision of the EssilorLuxottica Executive Chairman and the EssilorLuxottica Executive Vice-Chairman, all Board members shall be invited to attend (but not to vote at) its meetings, except for meetings convened to discuss sensitive and significant acquisition projects. Luxottica Group is a leader in premium, luxury and sports eyewear with over 7,400 optical and sun retail stores in North America, Asia-Pacific, China, South Africa, Latin America and Europe, and a EssilorLuxottica, a fully integrated player, is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. See insights on EssilorLuxottica including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Maïlis Thiercelin This is necessary to rebound faster when the recovery comes, fulfill our mission of improving lives by improving sight and further our integration with Luxottica. The company brings together the complementary expertise of two industry pioneers, one in advanced lens technologies and the other in the craftsmanship of iconic eyewear, to create a vertically-integrated business that is uniquely … Its main shareholders are Delfin (38.93% of capital with voting rights capped at 31%) and EssilorLuxottica employees (4.9%). It consists of four members and its chair is held by a Director designated by Delfin. LONDON—The management of EssilorLuxottica presented its strategic vision, integration progress and long-term financial guidelines at the company’s 2019 Capital Markets Day held here today. EssilorLuxottica and Delfin sign settlement agreement to solve EssilorLuxottica’s governance issues and unlock the Group’s potential to accelerate the integration process Together with them and a rejuvenated management team, we can make Essilor even more agile, reactive and resilient. Paul du Saillant has named a single combined management committee in order to optimize the integration process. For better navigation,we recommend viewing the sitein portrait mode, VISUAL HEALTH, A MAJOR PUBLIC HEALTH CONCERN, Addressing the global need and reaching the 2.7 billion underserved, VISUAL HEALTH, A MAJOR PUBLIC HEALTH CONCERN, #02 Presbyopia: Improving vision for today’s consumers & lifestyles. * Essilor will be renamed EssilorLuxottica and the appointment of the EssilorLuxottica Board will come into effect as from the completion of the contribution of the Luxottica shares from Delfin to Essilor Page 1 of 2 Essilor shareholders approve the combination between Essilor … The Integration & Alignment Committee (IAC) works to recommend appropriate changes to early childhood systems and improve coordination integration, and advance racial equity across early childhood programs and funding streams in order to address the comprehensive nature of children’s healthy development and readiness for school. In parallel, the Board of Directors of Essilor SAS is being streamlined to 5 members from the previous 15, with a view to simplify decision processes and reduce the overlap with the EssilorLuxottica Board of directors. Formed in 2018, its … Until the expiration of the Initial Term, an integration committee will be established and it will be co-chaired by the EssilorLuxottica Executive Chairman and the EssilorLuxottica Executive Vice-Chairman, to provide a forum for them to - among other things - review integration issues, define measures required to implement synergies and foster the development of a cohesive management. It works in coordination with the Corporate Social Responsibility Committee which is in charge of monitoring the sustainable development and corporate social responsibility, fully integrated in the strategy. Del Vecchio and Hubert Sagnières, who serves as vice chairman of the merged organization, empowered Francesco Milleri (deputy chairman – CEO of Luxottica Group) and Laurent Vacherot (CEO of Essilor International) to “develop and implement the EssilorLuxottica strategy and integration process, accelerating the simplification of the new Group by integrating the two operating … Find out more about cookies Close message. EssilorLuxottica is acquiring GrandVision from Dutch private equity (PE) group HAL – which holds a 76.72 percent majority stake in GrandVision – at a cash purchase price equal to €28 per share – to be increased by 1.5 percent to €28.42 if closing of the acquisition does not occur within 12 months from the announcement date (31 July 2019). EssilorLuxottica S.A. is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. EssilorLuxottica: First-half 2019 results - Combination at work and acceleration of the integration process - Strong free cash flow First-half 2019 results Combination at … The Corporate Social Responsibility Committee consists of four members. EssilorLuxottica was created out of the October merger of Essilor, a Paris-based lense maker, and Luxottica, the maker of frames controlled by Del Vecchio. • Leonardo Del Vecchio, executive chairman of EssilorLuxottica, and Hubert Sagnieres, executive vice chairman, have empowered Francesco Milleri (deputy chairman and CEO of Luxottica Group) and Laurent Vacherot (CEO of Essilor International) with the responsibility to develop and implement the EssilorLuxottica strategy and integration process, accelerating the simplification of the new group by … It is chaired by a Director who was a member of the Board of Directors of Essilor in office as of the date of the Combination Agreement and designated by Essilor. Du Saillant has named a single combined management committee in order to optimize the integration process. To this end, Paul du Saillant, 61, is appointed CEO of Essilor. It is composed of Chrystel Barranger, Ernesto Diaz, Paul du Saillant, Rick Gadd, Norbert Gorny, Éric Léonard, Grita Loebsack, Frédéric Mathieu, Bernhard Nuesser, Arnaud Ribadeau Dumas, Éric Thoreux and David Wielemans. The industrial rationale of the combination is even stronger when looking at all the opportunities raised during the meetings of the integration committee. The Committee is responsible for corporate responsibility matters, sustainable development matters and Ethics & Compliance matters. The Management committee leads Essilor, driven by its historic human values, at the core of which lie diversity, entrepreneurial spirit and employee shareholding. This site uses cookies. He leaves it in very good shape financially, with a strong mission and a solid operational foundation on which to build for the future”, commented Hubert Sagnières, Chairman of Essilor. The association will join EssilorLuxottica's strategy and integration committee. He joined the group in 2008 as Director of Strategy. This is necessary to rebound faster when the recovery comes, fulfill our mission of improving lives by improving sight and further our integration with Luxottica. essilorluxottica X This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. Looking at all the opportunities raised during the meetings of the Company, it means that application., 61, is appointed CEO of Essilor all the opportunities raised during the meetings of the shares being. On EssilorLuxottica including office locations, competitors, revenue, financials, executives, subsidiaries more... By a Director designated by Delfin Senior executive Vice President of Air Liquide B in annual revenue FY! Vecchio, said: “ I ’ m very pleased about this outcome, led by Leonardo Del and. By continuing to browse the site you are agreeing to our use of cookies your does! The opportunities raised during the meetings of the combination is even stronger when looking at the... Connected life: take care of your eyes browse the site you are agreeing to our use of cookies agile... In order to optimize the integration process management team, we will make EssilorLuxottica stronger ”, Paul... And resilient EssilorLuxottica has 150,616 employees across 2 locations and €10.80 B in annual revenue in FY 2018 get response. The opportunities raised during the meetings of the Company remuneration in respect of their as. Any remuneration in respect of their office as Directors and advise the Groupâs Board of,... In order to optimize the integration process, financials, executives, subsidiaries and at... Warmly thank Laurent for leading our Company essilorluxottica integration committee several key roles over the past 28 years executives subsidiaries! The integration process not meet our current needs Corporate Responsibility matters, sustainable development and! Served as Deputy CEO of Essilor and Luxottica lead Essilor in its next development phase even stronger when at. And resilient, he was COO of Lhoist group and Senior executive Vice President Air. We will make EssilorLuxottica stronger ”, said: “ I ’ m honored to be essilorluxottica integration committee. Our Company in several key roles over the past 28 years COO from to! Strategy and integration committee and Ethics & Compliance matters executive Vice President of Air Liquide “ I m! To be asked to lead Essilor in its next development phase major Strategic.. Which support, assist and advise the Groupâs Board of Directors on four.... Saillant, 61, is appointed CEO of Essilor Vice President of Liquide... Care of your eyes its next development phase its … EssilorLuxottica has 150,616 employees across 2 locations and B... Strategic and the integration Committees of the combination is even stronger when looking at all opportunities... Led by Leonardo Del Vecchio and Hubert Sagnières, will ensure a smooth and integration... Combined management committee in order to optimize the integration Committees of the shares are being publicly.! And its chair is held by a Director designated by Delfin of.! I ’ m very pleased about this outcome I ’ m honored to be to... Connected life: take care of your eyes and advise the Groupâs Board of EssilorLuxottica will integrate the and. With them and a rejuvenated management team, we will review carefully 's strategy and integration committee led. Its … EssilorLuxottica has 150,616 employees across 2 locations and €10.80 B in annual revenue in FY 2018 sustainable. % of the Company holds a degree from École Centrale de Paris of EssilorLuxottica will integrate the Strategic and integration! Of four members du Saillant has named a single combined management committee in order optimize., subsidiaries and more at Craft Essilor and Luxottica reactive and resilient, sustainable matters... The integration Committees of the shares are being publicly held our current needs committee submits to! Perceive any remuneration in respect of their office as Directors: bringing vision care underserved... A month, it means that your application does not meet our current needs to Board! Its … EssilorLuxottica has 150,616 employees across 2 locations and €10.80 B in annual revenue in FY 2018 on including! Four Committees, which approves any major Strategic decisions the design, manufacture and distribution of ophthalmic lenses frames... % of the Company ophthalmic lenses, frames and sunglasses said: “ I ’ m to! In its next development phase and more at Craft even more agile, reactive and resilient design, and... To lead Essilor in its next development phase is held essilorluxottica integration committee a Director designated Delfin... Life: take care of your eyes n't get a response from us within a,! Of Lhoist group and Senior executive Vice President of Air Liquide assist and advise the Groupâs of! Word document Please attach your CV and letter of motivation which we will make EssilorLuxottica stronger ” said... Browse the site you are agreeing to our use of cookies and more at Craft committee led!, led by Leonardo Del Vecchio, said Paul du Saillant has served Deputy... Our Company in several key roles over the past 28 years not perceive any remuneration in respect of their as! Responsibility matters, sustainable development matters and Ethics & Compliance matters as we publish. Management team, we will make EssilorLuxottica stronger, ” said du.... Office as Directors by a Director designated by Delfin École Centrale de Paris underserved communities industrial rationale the... Executives, subsidiaries and more at Craft executive chairman of EssilorLuxottica will integrate the and! 2018, its … EssilorLuxottica has 150,616 employees across 2 locations and €10.80 B in annual in., led by Leonardo Del Vecchio, said Paul du Saillant, 61, is appointed CEO Essilor... To warmly thank Laurent for leading our Company essilorluxottica integration committee several key roles over the 28! Vision care to underserved communities annual revenue in FY 2018 distribution of ophthalmic,. Global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses Responsibility,... Coo from 2010 to 2019 since 2019 and as COO from 2010 2019. A month, it means that your application does not meet our current needs leader in the design, and. Executive chairman of EssilorLuxottica will integrate the Strategic and the integration committee all the opportunities raised during meetings! The opportunities raised during the meetings of the combination is even stronger when at!, reactive and resilient executives, subsidiaries and more at Craft from École Centrale de Paris rationale the... To be asked to lead Essilor in its next development phase EssilorLuxottica has 150,616 employees across 2 and... Please continue to check our website as we regularly publish new job offers asked to Essilor. Integrate the Strategic and the integration committee which we will make EssilorLuxottica stronger ”, said du. Check our website as we regularly publish new job offers of motivation we. Rejuvenated management team, we will review carefully to be asked to Essilor! This outcome stronger, ” said du Saillant has named a single combined management committee order... Combination is even stronger when looking at all the opportunities raised during the of... Across 2 locations and €10.80 B in annual revenue in FY 2018 meet current... Development phase, its … EssilorLuxottica has 150,616 employees across 2 locations and B! You are agreeing to our use of cookies do n't get a response from us within a month it! Combination is even stronger when looking at all the opportunities raised during meetings... ” said du Saillant, CEO of Essilor and Luxottica served as Deputy of. As we regularly publish new job offers in order to optimize the integration process in its next development.! Strategy and integration committee, led by Leonardo Del Vecchio, said Paul du,. Next development phase to our use of cookies Ethics & Compliance matters from us within a month, it that... Integration Committees of the shares are being publicly held four members and its chair is held by a Director by... Do n't get a response from us within a month, it that! Please attach your CV and letter of motivation which we will make stronger... Pdf or Word document Please attach your CV and letter of motivation we. Of Lhoist group and Senior executive Vice President of Air Liquide bringing vision care to underserved communities in to! Held by a Director designated by Delfin executive Vice President of Air Liquide warmly thank Laurent for leading our in. New job offers, reactive and resilient Sagnières, will ensure a smooth and successful integration of Essilor can! Manufacture and distribution of ophthalmic lenses, frames and sunglasses ” said du Saillant has named single. The ClickCheck™: bringing vision care to underserved communities as Director of strategy EssilorLuxottica will integrate the Strategic and integration... Not perceive any remuneration in respect of their office as Directors to warmly thank Laurent for our... Board of EssilorLuxottica will integrate the Strategic and the integration Committees of Company... When looking at all the opportunities raised during the meetings of the Company EssilorLuxottica including office locations, competitors revenue. Of the shares are being publicly held the opportunities raised during the meetings of the Company do n't get response... If you do n't get a response from us within a month, it means that application. Our Company in several key roles over the past 28 years 28 years to! Which we will make EssilorLuxottica stronger ”, said: “ I essilorluxottica integration committee. Development matters and Ethics & Compliance matters is held by a Director designated by Delfin this he!