Leonardo Del Vecchio, the 79-year-old chairman and controlling shareholder of Luxottica, has instituted an enlarged management structure for the group, which owns Oakley and many other operations in the eyewear sector. Two joint CEOs are being named following the departure of its chief executive, Andrea Guerra, who has been running the company for ten years. One of them is Luxottica's current chief financial officer, Enrico Cavatorta, who will be in charge of corporate functions. He will work with another CEO who is being recruited to oversee market development. More in Eyewear Intelligence.

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