EL.PA - EssilorLuxottica Société anonyme

Paris - Paris Delayed price. Currency in EUR

EssilorLuxottica Société anonyme

1-6 rue Paul Cézanne
Paris 75008
France
33 1 49 77 42 24
http://www.essilorluxottica.com

SectorHealthcare
IndustryMedical Instruments & Supplies
Full-time employees68,972

Key executives

NameTitlePayExercisedYear born
Dr. Leonardo Del VecchioExec. Chairman1.44MN/A1935
Mr. Hubert SagnièresExec. Vice-Chairman & CEO2.18MN/A1956
Mr. Laurent VacherotDeputy Chief Exec. Officer of Essilor1.4MN/A1957
Ms. Hilary HalperCo-Chief Financial OfficerN/AN/AN/A
Mr. Stefano GrassiCo-Chief Financial OfficerN/AN/A1973
Amounts are as of 31 December 2018, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses North America, Europe, Asia, Oceania, Africa, Latin America, and internationally. It operates in five segments: Wholesale, Retail, Lenses and Optical Instruments, Equipment, and Sunglasses & Readers. The Wholesale segment engages in the manufacture and wholesale distribution of luxury and sports eyewear. The Retail segment retails luxury and sports eyewear. The Lenses and Optical Instruments segment offers lenses and small equipment, including Varilux progressive lenses; Crizal antireflective, anti-smudge, and antistatic lenses; Transitions photochromic lenses; Eyezen lenses for users of computers, tablets, smartphones, and other connected devices; Xperio polarized sun lenses; and Nikon and Kodak corrective lens brands. It also provides lens edging and mounting instruments for opticians and prescription laboratories; and optometry instruments for eye care professionals, schools, occupational medicine centers, military, and other institutions. In addition, this segment develops solutions for online sales of optical products. The Equipment segment offers digital surfacing and lens coating machines to prescription laboratories, integrated optical chains, and lens manufacturers. The Sunglasses & Readers segment provides non-prescription sunglasses and reading glasses under the Foster Grant, Freedom Polarised, Gargoyles, Magnivision, Corinne McCormack, Monkey Monkey, Ryders Eyewear, SolarShield, and Suuna brands; Dockers, French Connection, Hello Kitty, Ironman, Karen Millen, Nine West, Reebok, and Disney brands; and Costa, Bolo, Molsion, and Prosun brands. The company has network of 475 prescription laboratories and edging-mounting facilities. The company was formerly known as Essilor International Société Anonyme and changed its name to EssilorLuxottica Société anonyme in October 2018. The company was founded in 1849 and is headquartered in Paris, France.

Corporate governance

EssilorLuxottica Société anonyme’s ISS governance QualityScore as of 25 June 2019 is 7. The pillar scores are Audit: 5; Board: 8; Shareholder rights: 3; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.
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