Earlier this week L’Oréal announced several appointments within its Executive Committee. The first is the appointment of Christophe Babule as Executive Vice-President, Chief Financial Officer. As of mid-February 2019, he will become a member of L’Oréal’s Executive Committee. He succeeds Christian Mulliez. Christophe Babule will report directly to Jean-Paul Agon, Chairman and Chief Executive Officer.

Christophe has spent his career with L’Oréal, which he joined in 1988 after his studies at HEC Paris. He spent seven years in the Luxury Division in Italy before moving to Asia, first based in France for the zone, and subsequently as Director of Administration & Finance based in China. In 2007, he was appointed Administration & Financial Director for Mexico. In 2010, he returned to France to join Christian Mulliez’s Executive Committee as Director of Internal Audit for nearly 5 years. Afterwards he was appointed to his current position as Administration & Financial Director for the Asia Pacific Zone based in Shanghai and then in Hong Kong.

Additionally, Cyril Chapuy has been appointed President L’Oréal Luxe and a member of the Group’s Executive Committee as of January 1, 2019. He will succeed Nicolas Hieronimus, Deputy CEO in charge of Divisions. Cyril will report to Nicolas.

After joining L’Oréal Paris as Product Manager in 1993, Cyril Chapuy led an international career. Starting at LaScad and then becoming head of Marketing of Gemey Maybelline France, he was appointed General Manager of the Consumer Products Division in Brazil. From 2005 to 2010, he was President of Maybelline in New York and then took up the same role for L’Oréal Paris, the Group’s leading brand. In 2017 he was appointed Deputy General Manager L’Oréal Luxe, in charge of International Brands.