Claudio Costamagna - Luxottica Group Non-Executive Independent Director

Director

Dr. Claudio Costamagna serves as NonExecutive Independent Director of Luxottica Group SpA since June 14 2006. He also serves as Chairman of the Human Resources Committee of the Company. He holds a Business Economics degree from Universita Commerciale Luigi Bocconi obtained in 1981 and has held important offices in Montedison Citigroup and Goldman Sachs where he was for years Chairman of the Investment Banking division for Europe the Middle East and Africa. He is currently Chairman of CC e Soci Srl a financial advisory boutique he founded. He is also Member of the International Advisory Board of Universita Commerciale Luigi Bocconi. He is a Member of the Board of Directors of Autogrill SpA Bulgari SpA DEA Capital SpA AAA S.A. and Virgin Group Holdings Limited. He is also Chairman of di Virtual B SIM SpA. since 2006.
Age 58
Tenure 18 years
Professional MarksPh.D
Phone39 02 863341
Webhttp://www.luxottica.com

Luxottica Group Management Efficiency

The company has return on total asset (ROA) of 8.23 % which means that it generated a profit of $8.23 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on equity (ROE) of 17.51 %, meaning that it generated $17.51 on every $100 dollars invested by stockholders. Luxottica Group's management efficiency ratios could be used to measure how well Luxottica Group manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 2.2 B in total debt with debt to equity ratio (D/E) of 31.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Luxottica Group SpA has a current ratio of 1.16, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Luxottica Group until it has trouble settling it off, either with new capital or with free cash flow. So, Luxottica Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Luxottica Group SpA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Luxottica to invest in growth at high rates of return. When we think about Luxottica Group's use of debt, we should always consider it together with cash and equity.

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Luxottica Group S.p.A., together with its subsidiaries, provides fashion, luxury, sports, and performance eyewear worldwide. As of October 1, 2018, Luxottica Group S.p.A. operates as a subsidiary of EssilorLuxottica. Luxottica Group operates under Apparel Stores classification in USA and is traded on OTC Market. It employs 85000 people. Luxottica Group SpA [LUXGF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Luxottica Group SpA Leadership Team

Elected by the shareholders, the Luxottica Group's board of directors comprises two types of representatives: Luxottica Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Luxottica. The board's role is to monitor Luxottica Group's management team and ensure that shareholders' interests are well served. Luxottica Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Luxottica Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alessandro Nespoli, Group Internal Audit Director
Chris Beer, COO of Retail Optical, Australasia & Greater China
Leonardo Vecchio, Founder and Chairman
Massimo Vian, CEO of Product and Operations and Director
Luca Fadda, Head of Internal Audit
Mario Cattaneo, Non-Executive Independent Director
Fabio dAngelantonio, Chief Marketing Officer, Head of Retail Luxury and Sun Business
Stefano Grassi, CFO
Enrico Mistron, CIO, Global Business Services Director
Anna Puccio, Non-Executive Independent Director
Maria Pierdicchi, Director
Marina Brogi, Lead Independent Director
Sandro Veronesi, Independent Director
Nicola Pela, Group Human Resources Director
Sergio Farioli, Head of Zero Waste Project
Francesco Milleri, Director
Claudio Vecchio, Non-Executive Director
Cristina Scocchia, Independent Director
Lukas Ruecker, President of EyeMed Vision Care
Luciano Santel, Independent Director
Luigi Francavilla, Deputy Chairman, Chairman of Luxottica SRL and Managing Director of Luxottica SRL
Paolo Pezzuto, Head of Commercial Service Strategy & Planning
Karl Salzburger, Director
Antonio Miyakawa, Head of Marketing, Style and Product
Claudio Costamagna, Non-Executive Independent Director
Alessandra Senici, Investor Relations Director
Marco Mangiagalli, Non-Executive Independent Director
Cristina Parenti, Group Corporate Communication and Public Relations Director
Mario Notari, Director
Andrea Zappia, Independent Director
Luigi Feola, Director
Nicola Brandolese, Group Business Development Director and Chief Digital Officer
Susanna Zatta, Internal Communication Director
Colin Baden, CEO of Oakley
Paolo Alberti, Executive Vice President Wholesale
Carlo Privitera, COO of Retail Business Services
Elisabetta Magistretti, Non-Executive Independent Director
Adil MehboobKhan, Co-CEO for Markets, Director
Stefano Russo, Internal Audit Manager

Luxottica Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Luxottica Group a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Luxottica Group SpA information on this page should be used as a complementary analysis to other Luxottica Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

Other Consideration for investing in Luxottica Pink Sheet

If you are still planning to invest in Luxottica Group SpA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Luxottica Group's history and understand the potential risks before investing.
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