L'Oreal Reveals A Number Of Senior Executive Changes

L’Oreal announced Marc Menesguen’s plan to retire as president of the company’s Consumer Products Division in 2017. Menesguen joined the company in 1985 as product manager, rising through the ranks and contributing to L’Oreal’s development for more than 30 years. Current EVP for Asia Pacific Zone, Alexis Perakis-Valat will succeed Menesguen, with EVP Western Europe Zone Jochen Zaumseil taking over Perakis-Valat’s position. In turn, Zaumseil will be succeeded by Vianney Derville, general manager of the company’s Consumer Products Division North America.