EssilorLuxottica Annual Shareholders’ Meeting was held in Paris on April, 30.
The Shareholders’ Meeting approved the staggered re-appointment of all previous directors to the new EssilorLuxottica Board of Directors, including: Francesco Milleri, Paul du Saillant, Jean-Luc Biamonti (independent) and Marie-Christine Coisne-Roquette (independent) for a three-year mandate; as well as Romolo Bardin (non-independent), José Gonzalo (independent), Virginie Mercier Pitre (representing the Valoptec Association), Mario Notari (non-independent), Swati Piramal (independent), Cristina Scocchia (independent), Nathalie von Siemens (independent) and Andrea Zappia (independent) for a two-year mandate.
At the end of the Shareholders’ Meeting, the Board of Directors met and appointed the Company Officers confirming Francesco Milleri as Chairman and Chief Executive Officer and Paul du Saillant as Deputy Chief Executive Officer.
with 82.9 percent of votes and of Paul du Saillant to Deputy CEO with the support of 98 percent of those present, while Romolo Bardin, CEO of Delfin, received the approval of 88.9 percent of shareholders. The term of office of the new Board of Directors is three years.
The Board of Directors has also confirmed Jean-Luc Biamonti as Lead Director.
During the meeting, Milleri said that the Group's current market capitalization exceeds 90 billion euros (an increase of 57 percent compared to 2018) and that the goal is to surpass the 100 billion euro mark soon. He also said that they ended 2023 with 25.4 billion in pro forma revenues (a 66 percent increase from 20218) with a net profit of 2.9 billion euros and a dividend distribution of 1.8 billion.
