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Luxottica co-chief executive steps down

Italian eyewear maker Luxottica has confirmed that its co-chief executive officer Adil Mehboob-Khan has resigned and will be replaced by founder Leonardo Del Vecchio, as the board of directors approved a simplification of its structure. In a statement, Luxottica stated that Mehboob-Khan, who took the helm in October 2014, will be paid a...

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