Letter to shareholders - N°77 - autumn / winter 2020

News

 News 

Barbara LAVERNOS
Chief Research,
Innovation and Technologies Officer

Antoine VANLAEYS
Chief Operations Officer

L’Oréal Executive Committee Nominations

Barbara Lavernos, currently EVP, Chief Technologies & Operations Officer, will lead a new Department including Research, Innovation and Technologies, as of 1 February 2021. She will be succeeded in her current role by Antoine Vanlaeys. This appointment results from the wish expressed by Laurent Attal, EVP Research & Innovation, to retire at the beginning of February 2021, following a very rich career of over 34 years with the Group. To succeed him, Jean-Paul Agon has decided to appoint Barbara Lavernos, who will continue leading Information Technologies (IT) and the major Beauty Tech transformation project. Antoine Vanlaeys, current Operations Director for the Asia Pacific Zone, will succeed Barbara Lavernos as Chief Operations Officer. As such, he will join the Group's Executive Committee.

L’Oréal announces new organisation of geographic Zones

L’Oréal has decided to change the geographical scope of some of its Zones following the departure of Jochen Zaumseil, President of the Asia Pacific Zone, who has expressed the wish to retire on 1 January 2021. In order to give greater coherence to each Zone, the following decisions have been taken: the North Asia Zone will regroup Mainland China, Hong Kong, Taiwan, Japan and South Korea. The Zone will be led by Fabrice Megarbane, in addition to his current duties as CEO of L’Oréal China and member of the Executive Committee. South Asia and the Middle East/North Africa Zone will be joined to create the SAPMENA Zone (South Asia Pacific – Middle East – North Africa). This important new Zone will be entrusted to Vismay Sharma, who will join L’Oréal’s Executive Committee. An Indian national, Vismay joined the Group in India in 1994, where he has led both the Consumer Products and Professional Products Divisions. In 2012 he was appointed CEO for L’Oréal Indonesia. Since 2016 he has been CEO for L’Oréal in the UK and Ireland. A new Sub-Saharan Africa Zone will be entrusted to Burkhard Pieroth. Of German nationality, Burkhard joined L’Oréal in 2017 after a previous experience with Procter & Gamble. Since 2018 he has been General Manager for Emerging Markets, also for the Consumer Products Division. In addition, in order to animate this new organisation, enable transversal synergies and strategise global growth, the Group has decided to create the role of Chief Global Growth Officer, to which all Zone Presidents as well as the Travel Retail business will report. This position will be entrusted to Frédéric Rozé, currently President of the Americas Zone and member of the Executive Committee.

L’Oréal Among Top 10 in Refinitiv 2020 Diversity & Inclusion Index Top 100 Ranking


L’Oréal has been named one of the world’s top 10 companies by the 2020 Refinitiv Diversity & Inclusion Index that ranks the top 100 organisations globally on a wideranging set of Diversity & Inclusion metrics among the over 9,000 international organisations it assesses. At number 6 on the list, this is the Group’s highest-ever ranking for Diversity & Inclusion, after placing 12th in 2019 and 8th in 2018.


The companies in the ranking are evaluated on an extensive array of criteria. Refinitiv bases its scores on 24 Diversity & Inclusion indicators that make up four key pillars: Diversity, Inclusion, People Development and News & Controversies.