French-Italian eyewear group EssilorLuxottica said on Wednesday its nomination and compensation committee had started the search for a new chief executive officer with the help of two headhunting firms.

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The company`s board intends to appoint the next CEO by 2020.

EssilorLuxottica, which resulted from the merger of French lenses maker Essilor and Italy`s Luxottica frame manufacturer last October, is in the midst of a disagreement between the sides, who accuse each other of trying to dominate the company.

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