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L’Oreal’s Honorary Chairman To Step Down

Owen-Jones gives notice, will resign later this April.

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By: TOM BRANNA

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L’Oreal’s honorary chairman, Sir Lindsay Owen-Jones, will resign from the board of directors effective April 26, following the company’s annual meeting, according to reports. He served as chief executive officer from 1988 to 2006. Virginie Morgon, chief investment officer of Eurazeo and an executive board member, will take over as board director, said reports. Françoise Bettencourt Meyers, Peter Brabeck-Letmathe and Louis Schweitze will also have their tenure renewed....

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