Tod’s founder, Diego Della Valle, has asserted his commitment to the company’s independence following its privatization through a deal with private equity firm L Catterton. The agreement, backed by LVMH and the Della Valle family, involves purchasing 36 percent of Tod’s and delisting it from public markets. Della Valle, along with his brother, maintains majority control, with Diego tendering a portion of his stake while retaining 54 percent. The deal includes a four-year lock-up period, during which shareholders must offer shares to each other first. Additionally, the Della Valle family holds veto power over selling to competitors and retains influence over leadership and strategic decisions.