Heir quits roles as Del Vecchio fortune feud deepens for EssilorLuxottica
A dispute among Leonardo Del Vecchio’s heirs deepened after one heir exited management roles at Delfin, the family holding company. The four-year feud has created a governance crisis affecting EssilorLuxottica and Italy’s financial sector, given Delfin’s stakes in Banca Monte dei Paschi di Siena, Generali and Unicredit. EssilorLuxottica also faces distraction as it pursues Meta-linked AI smart glasses and protects margins.