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Widely-expected move reported by Le Figaro.
October 14, 2020
By: TOM BRANNA
Editor
The world's No. 1 beauty company is elevating its No. 2 man to the top spot. L'Oréal will appoint Nicolas Hieronimus as chief executive officer, succeeding Jean-Paul Agon, according to a report in Le Figaro. The move will become official with board approval. Hieronimus, 56, has spent his entire career at L'Oréal and was expected to take over as chief after being groomed as Agon’s successor and second-in-command. Agon, who is only L’Oréal’s fifth CEO in its 113-year his...
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