The right to be beautiful day after day: L’Oréal strives to make this a reality within the reach of every woman and every man. This ambition is reflected in a brand portfolio unequalled anywhere in the world. Since its creation in 1909, the group has always considered this mission of prime importance.
The thousands of men and women who have built up the group across the world have made this their personal mission statement. They use their intelligence and creativity, their innovative ability and all their expertise to further the cause of beauty the world over.
As well as meeting current consumer aspirations, L’Oréal anticipates their future expectations, being, as always, determined to promote an approach to beauty that is fun, affordable, fulfilling, genuine and generous.
None of this would be possible without L’Oréal’s deep respect for human beings of all types and nationalities, and without its genuine commitment to a sustainable environment. Strengthened by these values, and convinced that the quest for beauty has always been a major challenge for women and men, L’Oréal’s teams continue daily to push forward the frontiers of their profession.
L’Oréal’s major event in 2006 was the Board of Directors’ decision to separate the functions of Chairman and Chief Executive Officer. At its meeting on April 25th, 2006, the Board appointed the Chairman - Sir Lindsay Owen-Jones - and the Chief Executive Officer - Jean-Paul Agon.
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Sir Lindsay Owen-Jones was born in Great Britain on March 1946. He graduated from Oxford University and holds an MBA from INSEAD. He joined L’Oréal in 1969, embarking on an international career with the group. He was CEO of L’Oréal’s Italian subsidiary, before becoming Chairman and CEO of Cosmair Inc. – at that time L’Oréal’s exclusive agent in the United States – in 1981. He was appointed Chairman and CEO of L’Oréal in 1988. |
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Jean-Paul Agon, a 50-year-old graduate of HEC, joined L’Oréal in 1978 and has spent his entire career with the group. He served as the director of several L’Oréal brands and subsidiaries in Europe, was put in charge of management and development for the Asia zone in 1997, then the presidency of Oréal the USA in October 2001. |
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2006: L’ORÉAL Overview
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