The name Luxottica is reflected in a pair of sunglasses in this photo illustration taken in Rome on February 4, 2016. REUTERS / Alessandro Bianchi
MILAN, July 4 (Reuters) – Francesco Milleri, a close collaborator of Leonardo del Vecchio, on Monday took over the reins of the financial company that holds 27 billion euros ($ 28 billion) in assets left by the dead Italian eyewear billionaire last week.
Del Vecchio’s holding company, Delfin, said in a statement that it had appointed Milleri, who is the CEO and president of the eyewear giant EssilorLuxottica (ESLX.PA), as president.
Delfin added that Chief Executive Romolo Bardin, another Del Vecchio lieutenant, continues in his role.
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Delfin’s main asset is a 32% stake in EssilorLuxottica, worth more than 20 billion euros. This may interest you : Nikola founder asks judge to block evidence of “wealth”, “lifestyle” in fraud case.
The Luxembourg company is also the largest sole shareholder of the Milanese business bank Mediobanca with 19.4% and the second largest investor in Italian general insurance (GASI.MI) with 9.8%.
It owns a 27% stake in Covivio (CVO.PA) and is a long-term investor in the bank UniCredit (CRDI.MI) with a 2% stake.
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Reportage by Claudia Cristoferi, written by Giulia Segreti; edited by Valentina Za
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