In view of recent world changes, it has become necessary for Essilor 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 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. This younger and more focussed executive team brings together ample experience of the
combination with Luxottica in many key areas and illustrates the rich talent pool of Essilor. They will lead Essilor, driven by its historic human values, at the core of which lie diversity, entrepreneurial spirit and employee shareholding. They will continue to leverage and expand the power of Essilor’s mission to improve lives by improving sight with the full knowledge that companies with a strong mission better weather market volatility, mobilize talents faster and come out stronger as a result.