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Jean-Paul Agon

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Jean-Paul Agon
Born (1956-07-06) July 6, 1956 (age 68)
Alma materHEC Paris (1978)
OccupationCEO of L'Oréal

Jean-Paul Agon, (born July 6, 1956) is the current chairman and CEO of L'Oréal.

Early career

Agon joined L’Oréal in 1978 after completing his studies at the HEC International Business School. He has spent his entire career in prominent sales and marketing positions across several markets with the company. He started as a product manager for the Consumer Products division in France when he was 24 years old[1] and then in 1981 was appointed General Manager of L'Oréal Greece, where he laid the foundations of a solid business. In 1985, he returned to France as General Manager of L'Oreal Paris, where he oversaw a number of key launches and successes, including Studio Line, Plénitude and Elsève. In 1989, he became International Managing Director for Biotherm, remodeling and endowing the brand with international appeal. In 1994, he became Managing Director of L'Oréal Germany, where he played a key role in dealing with issues related to European markets, at the time suffering a slowdown in growth. In 1997, he was entrusted with the task of setting up and heading the L'Oreal Asia Zone in the midst of an economic crisis. He created subsidiaries in a number of countries, stepped up investment and recruited a new generation of local talent.[2]

From 2001 to Present

In 2001, Agon was named President of L'Oréal USA. He was instrumental in launching the Garnier Fructis line.[3]

In 2006, Agon was appointed as CEO of L’Oréal. He became Chairman of the company in February 2011.[2] Known for his views on the "universalization" of beauty,[4] Agon began the process of opening three new L’Oréal factories outside France – in Mexico, Egypt and Indonesia.[5] Agon is also dedicated to environmental protection and aims to reduce the company’s carbon dioxide emissions, water consumption, and waste production by 50% between 2005 and 2015. Under his guidance, L’Oreal has continued to appear in the rankings of the 100 most sustainable companies in the world for four years in a row.[2] Agon, along with 16 other executives and investors such as Stéphane Richard and Liliane Bettencourt, signed a petition in 2011 calling for a tax on the rich, as a way of contributing to society during troubled times. "I thought that, in difficult times, people with high salaries should contribute," stated Agon.[6]

Jean-Paul Agon is the 5th CEO of the L’Oreal Group. He was the recipient of the Ethical Resource Center’s PACE Leadership in Ethics Award in 2009 for L’Oréal’s achievements in the areas of business ethics, diversity, financial transparency, and sustainable development.[7]

References

  1. ^ "L'Oréal: A century of passion for beauty". SINA. 2010-07-02.
  2. ^ a b c "Jean-Paul Agon". One Young World. 2013-02-10.
  3. ^ "Jean-Paul Agon". European Commission Innovation Union. 2011-12-06.
  4. ^ "Jean-Paul Agon on the 'Universalization' of Beauty". FORA.tv. 2012-05-14.
  5. ^ "L'Oreal Chief Hits Out at 75% Income Tax". Financial Times. 2012-09- 26. {{cite news}}: Check date values in: |date= (help)
  6. ^ "L'Oreal chief hits out at planned French tax increase". Telegraph. 2012-11-26.
  7. ^ "Jean-Paul Agon's Acceptance Speech for the 2008 Stanley C. Pace Leadership in Ethics Award". Ethics Resource Center. 2009-04-27.

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