Jean-Paul Agon
Jean‑Paul Agon (born July 6, 1956 in Boulogne‑Billancourt) is a French business leader, who served as Chief Executive Officer of L’Oréal Group from 2011 to 2021 and has been Chairman of the Board since then.[1] He was appointed President of HEC Paris in April 2022.[2]
Biography
Jean‑Paul Agon was born on July 6, 1956 in Boulogne‑Billancourt. He is the son of a pharmaceutical industry executive and an architect.
After completing his education at Sainte‑Croix School in Neuilly‑sur‑Seine, he enrolled at HEC Paris. Interested in marketing, he joined L’Oréal immediately after graduation.[3]
He began his career at L’Oréal in 1978 as a sales representative, later becoming Product Marketing Manager at LaSCAD.[4] He then held various roles within the group, serving as General Manager of L’Oréal France and leading operations in Greece, Germany, Asia, and North America, as well as heading Biotherm in the late 1990s.
On April 25, 2006, L’Oréal’s Annual General Meeting appointed him Managing Director of the Group, following a year as Deputy Managing Director. He took the helm of the company one and a half years before the 2008 global financial crisis.[5]
In 2009, he renounced his stock options after the group’s profits remained flat for the year.[6]
On March 17, 2011, he was named Chairman and Chief Executive Officer of L’Oréal, becoming the fifth CEO in the company’s history.
Between 2006 and 2015, L’Oréal’s market value doubled from €48 billion to €100 billion. Over the decade, revenue grew 1.8 times and net profit doubled.
In 2021, he stepped down as CEO to lead the Board of Directors.[7]
In April 2022, he was appointed President of HEC Paris.[8]
References
- ↑ Nicolas Hieronimus succédera à Jean‑Paul Agon à la tête de L’Oréal
- ↑ Jean‑Paul Agon prend la présidence d’HEC Paris
- ↑ Un pur produit L’Oréal
- ↑ Biographie de Jean‑Paul Agon
- ↑ Jean‑Paul Agon
- ↑ Jean‑Paul Agon, la “success story” d’un pur produit de L’Oréal
- ↑ Jean‑Paul Agon to retain L’Oréal presidency until age 73
- ↑ Jean‑Paul Agon prend la présidence d’HEC Paris