Essilor reorganizes itself to speed up its integration with Luxottica

In view of recent world changes, Essilor has decided to speed up its integration with Luxottica in order to build a more resilient, flexible and agile combined organization. To this end, Paul du Saillant, 61, is appointed CEO of Essilor. He succeeds Laurent Vacherot, 64, who has decided not to lead this new phase in the company’s future and to retire.

Paul du Saillant has served as Deputy CEO of Essilor since 2019 and as COO from 2010 to 2019. He joined the group in 2008 as Director of Strategy. Prior to this, he was COO of Lhoist Group and Senior Executive VicePresident of Air Liquide.  He holds a degree from École Centrale de Paris.

The new CEO has named a single combined management committee in order to optimize the integration process. 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.

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. They will not perceive any remuneration in respect of their office as Directors.




Similar Posts