New CEO at L’Oréal’s hungarian subsidiary

Highly committed, independent, balanced in its composition and enriched with the diversity of its members, the Board of Directors determines the Company’s strategic orientations, ensuring and monitoring their implementation and overseeing the good management thereof. The organisation of L’Oréal’s Board of Directors is adapted to the Company’s specificities and constant progress is always sought: a stable and loyal shareholding structure, expertise that is solely focused on the beauty profession, the remarkable loyalty of its senior managers, who have a thorough knowledge of the business, and a progressive and steady international growth and solid economic and financial performances. This streamlined mode of governance, with expanded remits for board committees that are free to organise their work in preparing for the Board’s deliberations, simplifies decision-making in the beauty profession, where requirements in terms of innovation and adaptation are very exacting.