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Luxottica Group CEO Adil Mehboob-Khan resigns

(Bloomberg)—Luxottica Group SpA co-CEO Adil Mehboob-Khan resigned, becoming the third leader the maker of Ray-Ban glasses has lost in 15 months. The stock dropped as much as 9%, also hurt by full-year sales that slightly missed estimates. The decline was the steepest since October 2014. Luxottica’s e-commerce properties include SunglassHut.com, Ray-Ban.com and Oakley.com. Luxottica is No. 119 in […]

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