L’Oréal Governance: Leading with Responsibility

Corporate Governance | L'Oréal Finance
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Homepage
Chairman’s message
CEO interview
Our fundamentals
Our Purpose
Strategy
Transformation
Governance
Ethics
People
Our brands
Global brands
Consumer Products
Luxe
Dermatological Beauty
Professional Products
Performance
Beauty market
Value creation
Financial performance
Environmental & social highlights
L’Oréal around the world
Leading the future of beauty
Research & Innovation and the new frontiers of beauty
Beauty Tech acceleration with AI
Operations: driving value chain excellence
Championing environmental & social progress
The Essentials - 2025 Annual Report
2025 Universal Registration Document
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Governance
The stability of the Group’s governance in today’s changing world makes it possible to work towards long-term objectives and ensure regular growth. L’Oréal has a proactive Board and strong leadership that is deeply committed to high ethical standards.
57.9
average age of directors
53%
independent directors
Board of directors
Executive commitee
Board of Directors
The Board of Directors determines the Group’s strategic orientations, monitoring their implementation and overseeing effective management.
Composition as of 31 December 2025
Jean-Paul Agon
Chairman of the Board of Directors
Nicolas Hieronimus
Chief Executive Officer
Jean-Victor Meyers
Vice-Chairman of the Board of Directors
Paul Bulcke
Vice-Chairman of the Board of Directors
Sophie Bellon
Patrice Caine
Fabienne Dulac
Béatrice Guillaume-Grabisch
Thierry Hamel
Aurélie Jean
Ilham Kadri
Nicolas Meyers
Alexandre Ricard
Jacques Ripoll
Isabelle Seillier
Société Téthys
Benny de Vlieger
Explore the Board biographies and Committees
Complete commitment to strategic leadership and long-term decision-making
In an increasingly volatile environment, the stability of L’Oréal’s governance is essential for its performance and the fulfilment of its long-term commitments.
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Complete commitment to strategic leadership and long-term decision-making
The Board of Directors determines the company’s strategic orientations, oversees and monitors their implementation, and ensures sound management.
As of 31 December 2025, the Board of Directors comprised 17 members. Its composition is balanced: alongside the Chairman and the Chief Executive Officer, there are three Bettencourt Meyers family directors (one of whom serves as Vice-Chairman of the Board), together representing 34.79% of the capital; two directors from Nestlé (one of whom serves as Vice-Chairman of the Board), representing 20.16% of the capital; eight independent directors; and two employee representatives.
After 28 years on the Board, Françoise Bettencourt Meyers decided not to seek the renewal of her term of office, which expired in 2025. The strong and enduring bond between the founding Bettencourt Meyers family and L’Oréal remains an invaluable asset for the Group. It is maintained through the presence of Jean-Victor Meyers and Nicolas Meyers on the Board, as well as that of the family holding company, Téthys.
The Board’s composition ensures diversity in terms of backgrounds, nationalities, experience (both in France and internationally) and expertise relating to today’s major transformations (industry, new technologies, CSR, etc.).
The complementary nature of this expertise, combined with the directors’ independence of judgement and breadth of vision, is fundamental to the in-depth assessment of L’Oréal’s challenges. Together, the directors ensure that decisions contribute to the realisation of the Group’s major strategic orientations. They also ensure that sustainability, ethics and the corporate purpose (raison d’être) – all integral parts of L’Oréal’s growth model – remain constant priorities.
The Board met eight times in 2025. The Board Committees issue detailed, insightful and reasoned recommendations to inform the Board’s discussions and decisions.
As well as overseeing the Group’s economic and financial management, and conducting systematic, detailed reviews of activities and results, the Board collaborated with senior management in 2025 on subjects including transformation projects, strategic markets, longevity, the mid-term review of the L’Oréal for the Future programme and the decarbonisation plan.
Fully committed and highly active, the directors participate dynamically and diligently in the work of the Board and its Committees, driven by the conviction that rigorous governance creates value for the company and all its stakeholders.
Executive Committee
Executive Committee members manage the Group’s various activities in line with the strategic guidelines of the Board and are in charge of L’Oréal’s Divisions, Functional Departments and Geographic Zones.
Nicolas Hieronimus
Chief Executive Officer
Barbara Lavernos
Deputy Chief Executive Officer, in charge of Research, Innovation and Technology
Christophe Babule
Chief Financial Officer
Ezgi Barcenas
Chief Corporate Responsibility Officer and CEO of the Fondation L’Oréal
Kerstin Bird
President – Sub-Saharan Africa Zone
Vincent Boinay
President – North Asia Zone and Chief Executive Officer – L’Oréal China
Cyril Chapuy
President – Luxe Division
Myriam Cohen-Welgryn
President – Dermatological Beauty Division
Vianney Derville
Chief Growth Officer
Asmita Dubey
Chief Digital & Marketing Officer
Emmanuel Goulin
President – Europe Zone
Omar Hajeri
President – Professional Products Division
Blanca Juti
Chief Corporate Affairs and Engagement Officer
Jean-Claude Le Grand
Chief Human Relations Officer
Fabrice Megarbane
President – Consumer Products Division
Alexis Perakis-Valat
Chief Executive Officer – L’Oréal USA and President – North America
Ersi Pirishi
President – Latin America Zone
Vismay Sharma
President – South Asia Pacific, Middle East, North Africa Zone
Antoine Vanlaeys
Chief Operations Officer
Delphine Viguier-Hovasse
Chief Innovation & Prospective Officer
Eva Yu
President – Travel Retail
Related articles
Interview with Nicolas Hieronimus
Message from Jean-Paul  Agon
Strategy
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2025 Universal Registration Document
PDF - 18.11 MB
The Essentials - 2025 Annual Report
PDF - 2.64 MB
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