EssilorLuxottica's Quarelling Chiefs Seek Peace Ahead of AGM -FT
May 10 2019 - 9:07AM
Dow Jones News
--EssilorLuxottica SA's chairman, Leonardo Del Vecchio, and vice
chairman Hubert Sagnieres are trying to bring their long-running
feud to an end ahead of the company's annual shareholders meeting
next week, the FT reports, citing anonymous sources.
--The two executives are trying to reach a deal under which
Essilor CEO Laurent Vacherot and Luxottica CEO Francesco
Milleri--an ally of Mr. Del Vecchio--would hold more power, the FT
says.
--Shares in EssilorLuxottica rise 4.2% to EUR110.45.
Full story: on.ft.com/308ey4Z
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(END) Dow Jones Newswires
May 10, 2019 08:52 ET (12:52 GMT)
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