EssilorLuxottica Société anonyme Management
Management criteria checks 2/4
EssilorLuxottica Société anonyme's CEO is Francesco Milleri, appointed in Dec 2020, has a tenure of 6.17 years. total yearly compensation is €9.79M, comprised of 18.4% salary and 81.6% bonuses, including company stock and options. directly owns 0.099% of the company’s shares, worth €104.71M. The average tenure of the management team and the board of directors is 4 years and 3.6 years respectively.
Key information
Francesco Milleri
Chief executive officer
€9.8m
Total compensation
| CEO salary percentage | 18.4% |
| CEO tenure | 4yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | €2b |
| Mar 31 2024 | n/a | n/a | €2b |
| Dec 31 2023 | €10m | €2m | €2b |
| Sep 30 2023 | n/a | n/a | €2b |
| Jun 30 2023 | n/a | n/a | €2b |
| Mar 31 2023 | n/a | n/a | €2b |
| Dec 31 2022 | €7m | €2m | €2b |
| Sep 30 2022 | n/a | n/a | €2b |
| Jun 30 2022 | n/a | n/a | €2b |
| Mar 31 2022 | n/a | n/a | €2b |
| Dec 31 2021 | €8m | €1m | €1b |
| Sep 30 2021 | n/a | n/a | €1b |
| Jun 30 2021 | n/a | n/a | €1b |
| Mar 31 2021 | n/a | n/a | €718m |
| Dec 31 2020 | €58k | n/a | €85m |
| Sep 30 2020 | n/a | n/a | €40m |
| Jun 30 2020 | n/a | n/a | -€6m |
| Mar 31 2020 | n/a | n/a | €536m |
| Dec 31 2019 | €2m | n/a | €1b |
| Sep 30 2019 | n/a | n/a | €1b |
| Jun 30 2019 | n/a | n/a | €1b |
| Mar 31 2019 | n/a | n/a | €1b |
| Dec 31 2018 | €31k | n/a | €1b |
Compensation vs Market: Francesco's total compensation ($USD10.17M) is above average for companies of similar size in the German market ($USD4.85M).
Compensation vs Earnings: Francesco's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Francesco Milleri (65 yo)
4yrs
Tenure
€9,785,650
Compensation
Mr. Francesco Milleri has been Chief Executive Officer at EssilorLuxottica Société anonyme since December 17, 2020 and is Chairman from June 28, 2022. He serves as Chairman of Salmoiraghi & Viganò. Mr. Mil...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4yrs | €9.79m | 0.099% € 104.7m | |
| Deputy CEO & Director | 4yrs | €5.47m | 0.081% € 85.4m | |
| Chief Financial Officer | 3.6yrs | no data | no data | |
| Head of Corporate Communications | no data | no data | no data | |
| Co-Head of Investor Relations | no data | no data | no data |
4.0yrs
Average Tenure
65yo
Average Age
Experienced Management: ESLC's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.2yrs | €9.79m | 0.099% € 104.7m | |
| Deputy CEO & Director | 4.8yrs | €5.47m | 0.081% € 85.4m | |
| Independent Director | 3.6yrs | €130.00k | 0.00044% € 466.1k | |
| Independent Director | 3.6yrs | €100.00k | 0.00022% € 233.0k | |
| Independent Director | 3.6yrs | €125.00k | 0.00023% € 243.6k | |
| Lead Independent Director | 3.6yrs | €169.17k | 0.00037% € 391.9k | |
| Non-Independent Director | 6.2yrs | €141.25k | 0.0034% € 3.6m | |
| Non-Independent Director | 2.5yrs | €90.00k | 0.00045% € 476.7k | |
| Independent Director | 3.6yrs | €100.00k | 0.00022% € 233.0k | |
| Independent Director | 6.2yrs | €121.25k | 0.00022% € 233.0k | |
| Independent Director | 3.6yrs | no data | 0.00022% € 233.0k | |
| Non Independent Director | 2.9yrs | €115.00k | 0.0024% € 2.5m |
3.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: ESLC's board of directors are considered experienced (3.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:19 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
EssilorLuxottica Société anonyme is covered by 57 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Armelle Moulin | AlphaValue |
| Hubert D'Aillieres | Banco BPI, S.A. |
| null null | Banco de Sabadell. S.A. |