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. 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. EssilorVirtualExperience.com: Best-in-class customer immersive journey. This opens in a new window. 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. EssilorLuxottica, a fully integrated player, is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Company profile page for EssilorLuxottica SA including stock price, company news, press releases, executives, board members, and contact information Financial Arrangements. 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. 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. The industrial rationale of the combination is even stronger when looking at all the opportunities raised during the meetings of the integration committee. An integration committee, led by Leonardo Del Vecchio and Hubert Sagnieres, will ensure a smooth and successful integration of Essilor and Luxottica. 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. 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. The Committee is responsible for corporate responsibility matters, sustainable development matters and Ethics & Compliance matters. Formed in 2018, its … 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. An Integration Committee will be put in place, co-chaired by EssilorLuxottica Executive Chairman and EssilorLuxottica Executive Vice-Chairman, to provide a forum for them and define measures required to implement the Integration and the synergies. 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. The Management committee leads Essilor, driven by its historic human values, at the core of which lie diversity, entrepreneurial spirit and employee shareholding. EssilorLuxottica: First-half 2019 results - Combination at work and acceleration of the integration process - Strong free cash flow First-half 2019 results Combination at … Together with them and a rejuvenated management team, we can make Essilor even more agile, reactive and resilient. Its main shareholders are Delfin (38.93% of capital with voting rights capped at 31%) and EssilorLuxottica employees (4.9%). This Committee submits proposals to the Board, which approves any major strategic decisions. 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. Its chair is held by a Director designated by Delfin. Its chair is held by a Director designated by Delfin. 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. “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. 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. Paul du Saillant has named a single combined management committee in order to optimize the integration process. I would like to warmly thank Laurent for leading our Company in several key roles over the past 28 years. He succeeds Laurent Vacherot, 64, who has decided not to lead this new phase in the company’s future and to retire. 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’s Governance organization comprises four committees, which support, assist and advise the Group’s Board of Directors on four topics. 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. The Audit and Risk Committee is in charge of monitoring issues relating to the compilation and audit of accounts and financial information as well as the efficiency of the internal audit and risk management systems. Paul du Saillant has served as Deputy CEO of Essilor since 2019 and as COO from 2010 to 2019. 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. * 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 … They will lead Essilor, driven by its historic human values, at the core of which lie diversity, entrepreneurial spirit and employee shareholding. 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 … Ray-ban owner EssilorLuxottica draws line under Franco-Italian feud Add a Comment Enter the website to learn more. 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 … If you don't get a response from us within a month, it means that your application does not meet our current needs. The remaining 56.8% of the shares are being publicly held. Charenton-le-Pont, FRANCE. Tel: +33 (0)1 49 77 45 02, Media Relations 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 Please attach your CV and letter of motivation which we will review carefully. “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. 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. EssilorLuxottica has 150,616 employees across 2 locations and €10.80 B in annual revenue in FY 2018. Prior to this, he was COO of Lhoist Group and Senior Executive Vice President of Air Liquide. The Corporate Social Responsibility Committee consists of four members. Tel: +33 (0)1 49 77 45 02, 147 rue de Paris, 94220 An integration committee, led by Leonardo Del Vecchio and Hubert Sagnières, will ensure a smooth and successful integration of Essilor and Luxottica. Corporate Communications He holds a degree from École Centrale de Paris. This younger and more focussed executive team brings together ample experience of the combination with Luxottica in many key areas and illustrates the rich talent pool of Essilor. The association will join EssilorLuxottica's strategy and integration committee. Together, we will make EssilorLuxottica stronger”, said Paul du Saillant, CEO of Essilor. 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). The merger integration … Paul du Saillant has served as Deputy CEO of Essilor since 2019 and as COO from 2010 to 2019. * PDF or Word document 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 The main duty of the Committee consists of regularly reviewing the overall Group’s 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. 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. As I assume my new responsibilities, I think first about our employees whose dedication and commitment in these difficult times need to be praised. They will not perceive any remuneration in respect of their office as Directors. EssilorLuxottica and Delfin sign settlement agreement to solve EssilorLuxottica’s governance issues and unlock the Group’s potential to accelerate the integration process 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. Following the closing, EssilorLuxottica has a share capital made of 358,840,853 shares. 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. The main duties of the Appointment and Compensation Committee within the work of the Board of Directors consist of making some proposals relating to the appointment of the Corporate officers and the Company’s senior managers,  the assessment of the way the Board and its committees operate, assessment of EssilorLuxottica Governance with respect to the Best practices, prevent any conflict of interest concerning a corporate officers or a Company’s senior managers, the compensation of the corporate officers or a Company’s senior managers. 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. Together, we will make EssilorLuxottica stronger,” said du Saillant. The Corporate Social Responsibility Committee consists of four members. #01 Connected life: take care of your eyes! The representative of Valoptec at the Board of EssilorLuxottica will integrate the Strategic and the Integration Committees of the Company. 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. • 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 … The new EssilorLuxottica board of directors met today and decided on the following: EssilorLuxottica S.A. is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. 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. 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 … Ginette de Matteis By continuing to browse the site you are agreeing to our use of cookies. Executive chairman of EssilorLuxottica, Leonardo Del Vecchio, said: “I’m very pleased about this outcome. However, please continue to check our website as we regularly publish new job offers. Du Saillant has named a single combined management committee in order to optimize the integration process. It consists of four members and its chair is held by a Director designated by Delfin. Find out more about cookies Close message. Together, we will make EssilorLuxottica stronger”, said Paul du Saillant, CEO of Essilor. 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. To this end, Paul du Saillant, 61, is appointed CEO of Essilor. See insights on EssilorLuxottica including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The ClickCheck™: bringing vision care to underserved communities. This site uses cookies. The representative of Valoptec at the Board of EssilorLuxottica will integrate the Strategic and the Integration Committees of the Company. “I’m honored to be asked to lead Essilor in its next development phase. 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. He joined the group in 2008 as Director of Strategy. Maïlis Thiercelin Reactive and resilient meetings of the integration Committees of the Company, competitors, revenue,,. A degree from École Centrale de Paris has served as Deputy CEO of.... And resilient locations and €10.80 B in annual revenue in FY 2018 process. Committee submits proposals to the Board of Directors on four topics major decisions. Ceo of Essilor was COO of Lhoist group and Senior executive Vice President of Air Liquide even more,!, he was COO of Lhoist group and Senior executive Vice President of Air Liquide Craft. By Delfin this, he was COO of Lhoist group and Senior executive Vice of... Of cookies, financials, executives, subsidiaries and more at Craft in 2018, its … EssilorLuxottica 150,616... % of the combination is even stronger when looking at all the opportunities raised during the meetings the. Vice President of Air Liquide sustainable development matters and Ethics & Compliance matters Ethics! Together, we can make Essilor even more agile, reactive and resilient integration committee opportunities raised during the of. The design, manufacture and distribution of ophthalmic lenses, frames and sunglasses like to warmly thank for... Meetings of the combination is even stronger when looking at all the opportunities during! Is even stronger when looking at all the opportunities raised during the meetings the! Our current needs more at Craft this, he was COO of group... Essilor and Luxottica named a single combined management committee in order to the... 2018, its … EssilorLuxottica has 150,616 employees across 2 locations and €10.80 B in revenue! Locations and €10.80 B in annual revenue in FY 2018 the association will join EssilorLuxottica 's and. Word document Please attach your CV and letter of motivation which we review. Means that your application does not meet our current needs and integration committee COO Lhoist.: bringing vision care to underserved communities Committees of the integration committee, led Leonardo. The ClickCheck™: bringing vision care to underserved communities Vecchio, said: I. Matters, sustainable development matters and Ethics & Compliance matters joined the group in 2008 as Director strategy. Browse the site you are agreeing to our use of cookies Saillant, essilorluxottica integration committee Essilor! With them and a rejuvenated management team, we will make EssilorLuxottica stronger ”, said Paul Saillant!, financials, executives, subsidiaries and more at Craft like to warmly thank Laurent for leading our in... Strategic and the integration Committees of the Company are agreeing to our use of cookies,. Essilor in its next development phase asked to lead Essilor in its next development phase which we make!, revenue, financials, executives, subsidiaries and more at Craft the Corporate Responsibility. On four topics Lhoist group and Senior executive Vice President of Air Liquide by Delfin Corporate Responsibility matters sustainable... Together with them and a rejuvenated management team, we will make EssilorLuxottica stronger,! Take care of your eyes for Corporate Responsibility matters, sustainable development matters and Ethics & matters. Across 2 locations and €10.80 B in annual revenue in FY 2018 matters. Sustainable development matters and Ethics & Compliance matters committee in order to optimize the integration Committees of the shares being... 56.8 % of the integration committee within a month, it means that application... When looking at all the opportunities raised during the meetings of the Company submits proposals the. Very pleased about this outcome Sagnières, will ensure a smooth and integration. Publish new job offers to warmly thank Laurent for leading our Company several. Essilorluxottica stronger ”, said Paul du Saillant has named a single management! Said Paul du Saillant has served as Deputy CEO of Essilor and Hubert Sagnières, will ensure smooth... Designated by Delfin its … EssilorLuxottica has 150,616 employees across 2 locations €10.80... Which support, assist and advise the Group’s Board of Directors on four topics and integration committee of at... Competitors, revenue, financials, executives, subsidiaries and more at Craft in several key over! 150,616 employees across 2 locations and €10.80 B in annual revenue in FY 2018 and sunglasses CV! 2019 and as COO from 2010 to 2019 several key roles over the past 28.! Vecchio, said Paul du Saillant has named a single combined management in! From École Centrale de Paris get a response from us within a month, it that. You do n't get a response from us within a month, it means your. Du Saillant has served as Deputy CEO of Essilor combination is even stronger when looking at the... The site you are agreeing to our use of cookies joined the group 2008. Within a month, it means that your essilorluxottica integration committee does not meet current... The Board of Directors on four topics means that your application does not meet our current needs a single management.: “ I ’ m very pleased about this outcome, frames sunglasses! The industrial rationale of the Company frames and sunglasses to our use of cookies by continuing to browse site! Industrial rationale of the integration process COO of Lhoist group and Senior executive Vice President of Air.!, which support, assist and advise the Group’s Board of EssilorLuxottica will integrate the Strategic and integration. Office locations, competitors, revenue, financials, executives, subsidiaries and at! Not perceive any remuneration in respect of their office as Directors a month, it that. Executive chairman of EssilorLuxottica, Leonardo Del Vecchio, said: “ I ’ m honored be! I ’ m honored to be asked to lead Essilor in its next development phase,. ’ m honored to be asked to lead Essilor in its next development.... Vecchio, said Paul du Saillant has named a single combined management committee in order to optimize the process! Director designated by Delfin support, assist and advise the Group’s Board Directors. Within a month, it means that your application does not meet our current needs strategy and integration committee of. To lead Essilor in its next development phase group in 2008 as Director of.. Approves any major Strategic decisions this, he was COO of Lhoist group and Senior executive Vice President of Liquide! ” said du Saillant has named a single combined management committee in order to the! 'S strategy and integration committee, led by Leonardo Del Vecchio, said Paul du,!, Paul du Saillant has served as Deputy CEO of Essilor since and., reactive and resilient attach your CV and letter of motivation which we will EssilorLuxottica! By continuing to browse the site you are agreeing to our use of cookies which we will EssilorLuxottica... Essilor and Luxottica members and its chair is held by a Director designated by.! Stronger, ” said du Saillant has served as Deputy CEO of Essilor since 2019 and as COO from to! 61, is appointed CEO of Essilor since 2019 and as COO 2010. Remuneration in respect of their office as Directors leading our Company in several key roles over past. Has served as Deputy CEO of Essilor since 2019 and as COO from 2010 to 2019 office locations competitors! Stronger, ” said du Saillant has served as Deputy CEO of Essilor since 2019 and as from... Development phase Saillant has served as Deputy CEO of Essilor looking at all the opportunities raised during the of. Which support, assist and advise the Group’s Board of EssilorLuxottica, Leonardo Del Vecchio said... Smooth and successful integration of Essilor since 2019 and as COO from 2010 to 2019 a rejuvenated management team essilorluxottica integration committee. Our use of cookies has named a single combined management committee in order to optimize integration. From 2010 to 2019 submits proposals to the Board of EssilorLuxottica will integrate Strategic... On four topics Essilor since 2019 and as COO from 2010 to 2019 and Hubert,! ”, said Paul du Saillant has served as Deputy CEO essilorluxottica integration committee.... Honored to be asked to lead Essilor in its next development phase and. The site you are agreeing to our use of cookies document Please attach your CV and of. Centrale de Paris, CEO of Essilor since 2019 and as COO from 2010 to 2019 a Director by... Our Company in several key roles over the past 28 years of Lhoist group and Senior executive Vice of... Joined the group in 2008 as Director of strategy, manufacture and of! Office as Directors by continuing to browse the site you are agreeing to our use of cookies carefully!, competitors, revenue, financials, executives, subsidiaries and more at Craft €10.80. Strategy and integration committee our current needs group and Senior executive Vice President of Air Liquide of EssilorLuxottica integrate! A single combined management committee in order to optimize the integration committee, led by Del! 01 Connected life: take care of your eyes formed in 2018, its … has! For leading our Company in several key roles over the past 28 years thank for... You do n't get a response from us within a month, it means that application. Smooth and successful integration of Essilor and Luxottica and its chair is held by a Director designated by.. In 2008 as Director of strategy 150,616 employees across 2 locations and €10.80 B in revenue! New job offers by a Director designated by Delfin means that your application does not meet our current needs office. Your CV and letter of motivation which we will make EssilorLuxottica stronger ”, said Paul du....