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EssilorLuxottica Managers Defend Their CEO After Heir Lashes Out

Source: Bloomberg

Management & GovernanceCompany Fundamentals

Twenty senior EssilorLuxottica executives publicly defended CEO Francesco Milleri amid an escalating dispute with Leonardo Maria Del Vecchio, son of the company’s founder. Del Vecchio abruptly departed a senior role last month, highlighting governance and leadership-friction risks at the eyewear group.

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