Leonardo Del Vecchio

Founder and CEO of Luxottica

Top Manager Reputation - 2021 - top10
Top Manager Reputation - 2021 - Fashion & Beauty - argento Fashion & Beauty
Analysis updated on May 2022
Position
Position in the Sector
+1.7%
3-month var.
+10.5%
1-year var.
69.18
Score May 2022
70.67 January 2022
Highest score achieved
June 2021
Best position achieved

Biography

Born in Milan in 1935. Awarded the title of Knight of the Order of "Merit for Labor" in 1986 by the President of the Republic, Leonardo Del Vecchio is known especially for founding and bringing the made in Italy brand Luxottica to international levels. In 1958, he moved to Agordo to open a workshop for eyeglass frames, which within three years transformed into the famous brand we know. Leonardo Del Vecchio was also President of Delfin S.r.l, a shareholder of Assicurazioni Generali, Vice President of Foncière des Régions S.A., and a Board Member of Beni Stabili.

Brand

Luxottica Group is an Italian company specialized in the production and trade of eyewear. It is present in over 150 countries across five continents and is the largest global manufacturer of frames for prescription glasses and sunglasses. The company was founded in Agordo in 1961 by Leonardo Del Vecchio.

Throughout its history, the company has distinguished itself through a wide range of acquisitions (notably that of the American brand Ray-Ban, a leader in the sunglasses sector previously owned by the multinational Bausch & Lomb). On March 24, 2014, Luxottica announced an agreement with Google for a new model of augmented reality glasses, a project revisited in 2023 with the Meta group.

In 2012, it was the first Italian company in the fashion sector by revenue. On January 16, 2017, the merger of Luxottica with the French group Essilor was announced. Since October 1, 2018, Luxottica Group S.p.A. has been a subsidiary of the holding EssilorLuxottica, which has held 100% of it since March 5, 2019.

The company was listed under the symbol LUX in the FTSE MIB index of the Milan Stock Exchange from 2000 to 2018.

Acknowledgements

Noteworthy placements achieved in the ranking over the years: awards are given to managers who reach the podium (1st, 2nd, 3rd) in the overall ranking and in the sector ranking, as well as to managers who place in the overall Top 10 in the year in question.

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Top Manager Certificate: Leonardo Del Vecchio

Leonardo Del Vecchio

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Top manager in the sector Fashion & Beauty

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