L’Oreal Is Set to Name New CEO Soon. Here’s a Shortlist
- Company readies for successor as virus cuts cosmetics demand
- New boss needs ability to lead in ‘unpredictable times’: Agon
L'Oreal’s French headquarters in the Levallois-Perret district of Paris, France, on March 12.
Photographer: Laura Stevens/BloombergThis article is for subscribers only.
L’Oreal SA is preparing to name its next chief executive officer at a time when consumers around the world see less need to buy pricey perfumes and makeup.
Jean-Paul Agon, who is stepping down next year when he turns 65, said in an interview that the cosmetics giant will announce his successor “pretty soon.” He’d already indicated at June’s annual meeting that the pick would come from within the company.