EssilorLuxottica : The new board is shaping up well
>Yesterday the group published the list of 12 directors that the board will submit to shareholders - The old board, which was subject to strict parity (8 Essilor, 8 Luxottica), is likely to give way to a slimmed down board (just 12 members) with a majority of independent directors (7 out of 12). The mandates of the two current directors representing employees (they came from Essilor) will run until September but are unlikely to be renewed, so the board is likely to ha...Essilor International (Compagnie Generale d'Optique) designs, manufactures and sells ophthalmic lenses, ophthalmic optical instruments and equipment. Co.'s activities are divided into three segments: Lenses and Optical Instruments (Co. designs, manufactures and customizes corrective lenses such as: Varilux (progressive lenses); anti-reflective, smudge-proof and anti-static lenses (Crizal); Nikon lenses, Transitions variable-tint lenses and Kodak lenses under agreements; polarized lenses (Xperio) and fog-proof lenses (Optifog)), Equipment (Co. produces, distributes and sells equipment and consumables used by prescription laboratories) and Readers (Co. designs and sells reading glasses).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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