L’Oréal appoints Chief Global Growth Officer as it reshuffles international leadership team

L’Oréal has promoted Fabrice Megarbane to Chief Global Growth Officer and announced a number of international leadership changes.

Megarbane will succeed Frédéric Rozé, who announced his intention to retire at the beginning of next year, after 38 years at the company.

An engineer by training, Megarbane first joined L’Oréal in 2000. After working in the group's Professional Products Division, he was appointed General Manager of L’Oréal Lebanon in 2008.

He then led the Consumer Products Division for the Africa and Middle East Zone between 2011 and 2015, before being appointed as General Manager of L’Oréal Germany in 2016.

Megarbane has been Chief Executive Officer of L’Oréal China since 2019, and President of the North Asia Zone since 2021.

Fabrice Megarbane, newly appointed Chief Global Growth Officer at L’Oréal.

As Chief Global Growth Officer, he will now be in charge of accelerating growth, leading transformation projects and animating the group’s zones.

Nicolas Hieronimus, CEO at L’Oréal, said: "Megarbane is an outstanding human leader in the truest sense of the word.

"Under his leadership, not only has our business in China doubled in sales to record market share while sustaining an ambitious sustainability agenda, we have also been able to increase our reputation as an employer and forge closer ties with key local stakeholders.

"In his new role, he will be able draw on the vast experience he has gained in North Asia to accelerate other regions, drive our e-commerce growth and lead the group’s transformation programs."

In addition to the appointment of Megarbane as Chief Global Growth Officer, L’Oréal has made a number of international leadership changes.

Vincent Boinay has been named President of the North Asia Zone and CEO of L’Oréal China, replacing Megarbane.

Laurence Ma, currently General Manager of L’Oréal Luxe China, has been appointed to the newly created role of Deputy CEO in Charge of Divisions – L’Oréal China.

Emmanuel Goulin has be appointed as President of Travel Retail and will join the group’s Executive Committee. He succeeds Vincent Boinay following his appointment as outlined above.