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Safilo Group’s Newly Elected Board of Directors Confirms Trocchia as CEO

By Staff
Wednesday, April 25, 2018 12:27 AM


PADOVA, Italy—A new Safilo Group S.p.A. board of directors, meeting for the first time Tuesday following their election earlier in the day during a general shareholders’ meeting, confirmed the appointment of Angelo Trocchia as the company’s new chief executive officer. Trocchia, as VMAIL reported, in February was named to succeed former chief executive Luisa Delgado, who retired at the end of February. Trocchia, who was chief executive of Unilever Italia, joined the company April 1.

In addition to confirming Trocchia’s appointment and electing a new board, shareholders at the meeting also discussed and approved the company’s 2017 financial statements, according to an announcement. The new board, which has been increased in size to nine members, will hold office until the approval of the financial statements as of Dec. 31, 2020.

The elected board members from the list presented by the shareholder Multibrands Italy B.V. (company controlled by HAL Holding N.V.) are: Eugenio Razelli, Angelo Trocchia, Melchert F. Groot, Jeffrey A. Cole, Robert Polet, Ines Mazzilli, Cinzia Morelli-Verhoog and Catherine Gérardin-Vautrin. From a second candidates list presented by BDL Capital Management (manager of BDL funds Rempart Europe and BDL Convictions), Guido Guzzetti was elected as a director.

The announcement noted that, in accordance with the company’s Articles of Association, Razelli, the first candidate of the majority list, would assume the role of chairman of the board. The board also thanked former director Marco Jesi for his contributions during his service as a board member.

Safilo Group is a fully integrated Italian eyewear creator and worldwide distributor in the premium sector for sunglasses, optical frames and sports eyewear.
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