Leonardo Maria Del Vecchio.

Del Vecchio plans resignation from EssilorLuxottica amid rift

Leonardo Maria Del Vecchio, heir to Luxottica founder, will resign as Ray-Ban chairman and chief strategy officer of EssilorLuxottica, effective August 31, citing a management style he calls distant and impersonal. Delfin, the Del Vecchio family holding and EssilorLuxottica’s largest shareholder, will remain a major investor as he pursues new ventures, with supporters noting his departure ends a high-profile internal rift.