Leonardo Del Vecchio news and archive

Leonardo Del Vecchio framed his own success with Luxottica

From the small factory he founded in 1961 near Venice, Leonardo Del Vecchio created an eyeglasses empire, and at 81 is invading the corrective lenses market by merging his Luxottica firm with Essilor. The merger story is the latest chapter in Del Vecchio's rags-to-riches story. Born in 1935 in Milan, Del Vecchio was sent to an orphanage at a...

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Luxottica co-chief executive steps down

Italian eyewear maker Luxottica has confirmed that its co-chief executive officer Adil Mehboob-Khan has resigned and will be replaced by founder Leonardo Del Vecchio, as the board of directors approved a simplification of its structure. In a statement, Luxottica stated that Mehboob-Khan, who took the helm in October 2014, will be paid a...

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Luxottica co-chief executive steps down

Italian eyewear maker Luxottica has confirmed that its co-chief executive officer Adil Mehboob-Khan has resigned and will be replaced by founder Leonardo Del Vecchio, as the board of directors approved a simplification of its structure. In a statement, Luxottica stated that Mehboob-Khan, who took the helm in October 2014, will be paid a...

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