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Reuters
Published
Oct 24, 2014
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Claudio Del Vecchio says no personal ambitions at Luxottica

By
Reuters
Published
Oct 24, 2014

ROME, Italy - Claudio Del Vecchio, the eldest son of Luxottica's owner Leonardo Del Vecchio, said on Thursday he has no personal ambitions to pursue at the eyewear company founded by his father and neither did his five siblings.

Source: Luxottica


"We children, and myself in particular, have always respected our father's will. We don't have personal ambitions, the size of the company does not allow it," he added.

Claudio Del Vecchio is a board member at Luxottica but he will not be reappointed when the current board expires next spring.

For 15 years until 1997, he headed Luxottica's operations in North America. He is now CEO and Chairman of U.S. clothing group Brooks Brothers.

Claudio Del Vecchio said Luxottica's decision on Wednesday to name top Procter and Gamble manager Adil Mehboob-Khan as co-CEO for markets starting from January meant it would have a "fantastic team."

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