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DIEGO HELPS OUT: In light of the difficult Italian economy, Tod’s chairman and chief executive officer Diego Della Valle has decided “to show respect for his employees and their work,” and to help them with a number of initiatives, including a contribution of 1,400 euros, or $1,760 at current exchange, for each worker, health insurance for them and their families and the purchase of school books for their children. Della Valle, whose Tod’s headquarters has a nursery, and who has supported the construction of a school nearby, has also granted bonuses for his employees in the past.
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