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L'Oréal accelerates its return to growth

2021-02-11T19:22:26.773Z


The group faced in 2020 the most serious crisis in its history, but it was able to overcome it in a masterly way.


Manage crises.

Throughout his career at L'Oréal, it was through contact with unforeseen and sometimes dramatic events that Jean-Paul Agon forged his legend as a captain capable of navigating the storm and leading ship, crew and cargo to good harbor.

Appointed for his first expatriation in 1981 at the head of the Greek subsidiary then in virtual bankruptcy, he was later bombarded boss of L'Oréal Germany in full post-reunification depression;

then he took charge of the Asia zone in 1997, and landed in the United States three weeks before September 11, 2001. Each time, he succeeded in reorganizing his subsidiary.

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L'Oréal, well-controlled governance

For the last financial year for which he is fully responsible for the general management of the L'Oréal group, which he has held since June 2006, fate sent Jean-Paul Agon the most serious crisis that the world leader in cosmetics has ever gone through. : a global pandemic, which last year led to the closure, for many months, of hairdressing salons, perfumeries

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Source: lefigaro

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