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Stock exchange, Luxottica thud after goodbye to Khan

The stock of the eyewear company lost more than 10% around 7, to 53,3 euros per share, after the surprise announcement on Friday evening of the farewell of the CEO in charge of foreign markets - His place will be taken by Leonardo Del Vecchio, who will join the other to Vian.

Stock exchange, Luxottica thud after goodbye to Khan

The earthquake at the top of Luxottica, with the farewell of one of the two managing directors, Adil Khan, it also spreads to Piazza Affari: the share of the eyewear company loses more than 10% around 7 a.m €53,3 per share.

At the opening of the session, the stock even had difficulty pricing. The tensions come after the late Friday evening, quite surprisingly, the company communicated the departure of Adil Khan, who had powers to follow foreign markets. Now everything is back in the hands of the founder of the Leonardo Del Vecchio group, who will therefore take care of the internationalization of the company, while Massimo Vian, the other CEO with product responsibilities, remains in the saddle.

Khan will leave the group at the end of February, with 7 million in severance pay. Also on Friday, the company had also announced that it had closed 2015 with a turnover up 17% to a record level of 9 billion euro.

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