Luxottica Group, at the Group's Ordinary and Extraordinary Meeting held in Milan, Italy, shareholders approved the appointment of three additional directors to the Board, for a total of 12, as already provided in the Company's By-laws: Sergio Erede, Gianni Mion and Sabina Grossi. At the same time, shareholders confirmed, in accordance with Italian Law, the appointment of Andrea Guerra, chief executive officer, to Luxottica Group's Board of Directors.
Leonardo Del Vecchio, chairman of Luxottica Group, commented: “The appointment to our Board of Sergio Erede and Gianni Mion as independent directors is yet another step in a process — launched already some time ago — to bring our corporate governance model in line with best practices.”
“Among some of the more important initiatives, we should mention the launch of a comprehensive review of our internal control system to bring us in line with the guidelines of the Sarbanes-Oxley Act.”
