VSP Vision Appoints New CEO and President Post-Marcolin Acquisition

Vsp Vision strengthens its board of directors following the recent acquisition of Italian company Marcolin. The U.S. group, one of the country’s largest vision insurance companies, has announced the appointment of Nicola Zotta as president of optics and CEO of both Marchon Eyewear and Marcolin.

Zotta succeeds Fabrizio Curci, who is stepping down from his position as CEO and managing director of Marcolin, a position he held since 2020. In a statement, Vsp Vision said the two will work together in the coming months to ensure a smooth transition in office.

The executive will be leading the integration process between Marcolin and Marchon, which specialize in the design, manufacture and distribution of eyewear. Vsp Vision president and CEO Michael Guyette expects him to combine “Italian heritage with U.S. management experience.“

Zotta returns to Vsp Vision, which he joined in 2009 as vice president

Zotta, who will report directly to Guyette, returns to the company after serving as group CEO of Artsana since 2022. The executive was president of Marchon from 2016 to 2022, although he first joined Vsp Vision in 2009 as vice president and general manager for Europe, Middle East, Africa and Asia-Pacific. Prior to that, he held various senior positions at Safilo for more than a decade.

Meanwhile, Thomas Burkhardt, who served as president of Marchon from 2022, is leaving his position to continue as an advisor to Nicola Zotta, helping to integrate the respective portfolios of Marcolin and Marchon.

Marcolin ended 2024 with sales at €545.8 million, down 2.23% from 2023, when the group posted sales of €558.3 million.The company recorded a gross operating profit (ebitda) of €85 million, which represented an increase of 10.25% compared to the figure recorded in 2023.

Marcolin’s gross margin stood at 63.7%, 2.7 percentage points up from 61% in 2023, when it posted a turnover of €340.6 million. Profit before tax amounted to €57 million at the end of 2024, up 11.58% on 2023, when the company earned €51.8 million.