LensCrafters 2004 Annual Report Download - page 82

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CORPORATE GOVERNANCE
81
- Sergio Erede
- Sabina Grossi: Member of the Human Resources
Committee
- Gianni Mion: Chairman of the Human Resources
Committee
- Lucio Rondelli: Chairman of the Internal Audit
Committee and member of the Human Resources
Committee
The Chief Executive Officer is also a member of
Luxottica’s staff.
Set out below is a list of the positions held by each of
the Directors in other listed companies as well as in
finance, banking, insurance and/or significant unlisted
companies.
Leonardo Del Vecchio
Chairman of Beni Stabili S.p.A, Luxottica S.r.l, sole
Director of La Leonardo Finanziaria S.r.l. and Delfin
S.r.l., Director of Sunglass Hut International Inc. and
Luxottica U.S. Holdings Corp.
Luigi Francavilla
Vice Chairman of Luxottica S.r.l.
Andrea Guerra
Chairman of OPSM Group Limited, Director of Cole
National Corporation.
Enrico Cavatorta
Member of the Boards of Directors of Luxottica S.r.l.,
Cole National Corporation, OPSM Group Limited.
Roberto Chemello
Chief Executive Officer of Luxottica S.r.l., Chairman of
Avant Garde Optics LLC, Director of Sunglass Hut
International.
Tancredi Bianchi
Chairman of Fondo Immobiliare Polis SGR.
Mario Cattaneo
Member of the Boards of Directors of Eni S.p.A,
UniCredito Italiano S.p.A., Banca Lombarda S.p.A.
and Fin. Bansel S.p.A.; Chairman of the Board of
Directors of CBI Factor S.p.A.
Claudio Del Vecchio
Chairman and Chief Executive Officer of Retail Brand
Alliance Inc., Chief Executive Officer of Luxottica U.S.
Holdings Corp., Executive Vice-President of Avant
Garde Optics LLC, Director of LensCrafters Inc.
Sergio Erede
Member of the Boards of Directors of Autogrill S.p.A.,
Carraro S.p.A. and Marzotto S.p.A., Chairman of the
Boards of Directors of Interpump Group S.p.A. and
Galbani S.p.A.
Lucio Rondelli
Chairman of Assiparos GPA, Director of Spafid.
Gianni Mion
Chief Executive Officer of Edizione Holding S.p.A.,
member of the Boards of Directors of Benetton Group
S.p.A., Autogrill S.p.A., Autostrade S.p.A., Olimpia
S.p.A., Telecom Italia S.p.A., Telecom Italia Media
S.p.A., Telecom Italia Mobile S.p.A., Banca
Antonveneta S.p.A.
INDEPENDENT DIRECTORS
Based on the criteria specified by Borsa Italiana and
the SEC, in the light of the declarations made by the
members of the Board of Directors, four out of
twelve are considered to be independent: Tancredi
Bianchi, Mario Cattaneo, Gianni Mion and Lucio
Rondelli.
EXECUTIVE DIRECTORS
On July 27, 2004, the Board accepted the wish of
both the Chairman and the Vice Chairman to relinquish
their operational responsibilities and authority. The
Chairman now retains only those functions reserved to
him at law and pursuant to Luxottica Group’s by-laws,
as well as the supervision of the Internal Audit
Committee.
On September 14, 2004, the Board reappointed
Leonardo Del Vecchio as Chairman of the Company,
Luigi Francavilla as Vice Chairman and Andrea Guerra
as Chief Executive Officer.
The Chairman, despite his lack of operating authority,
continues to be considered as an Executive Director