New changes in Luxottica management

The Board of Directors of Luxottica, which closed 2015 with a 17% turnover increase for a total of 9 billion euro (+5.5% at constant exchange rates), has approved a simplification of the organisational model of the Group that now calls for a CEO, Massimo Vian, and an Executive Chairman, Leonardo Del Vecchio. Adil Khan resigned from the position of CEO for Markets and Director at the end of an intense year. Chairman Leonardo Del Vecchio, founder and the inspiration behind the culture and the strategic vision of the Group, assumes the executive powers for the Markets area; Massimo Vian will continue in the role of CEO of Product and Operations.