L'Oréal S.A. on 14 September announced several important moves within its Executive Committee that will be effective from the first quarter of 2024. Fabrice MEGARBANE will be appointed Chief Global Growth Officer; he will succeed Frédéric ROZÉ, who has announced his intention to retire at the beginning of next year; he will oversee accelerating growth and leading transformation projects in the five regions. Vincent BOINAY will succeed Fabrice MEGARBANE as President of North Asia and Chief Executive Officer of L?Oréal China; given the increased complexity of the Chinese market, Laurence MA, currently General Manager of L?Oréal Luxe China, will be appointed to the newly created role of Deputy Chief Executive Officer in Charge of Divisions ?

L?Oréal China. Emmanuel GOULIN will succeed Vincent BOINAY as President of Travel Retail, joining L'Oréal?s Executive Committee.