The CEO Forum Group Magazine Business 2023 (1) - Flipbook - Page 19
CEO, L’Oréal Groupe
Our “Citizen Day” program was first launched in 2010,
which allows our employees to dedicate a full day of
their work time to supporting a non-profit social or
environmental organization. In 2022, more than 23,900
employees across 74 countries participated, helping over
760 non-for-profit organizations through over 1,000
solidarity missions.
“To date, our brand causes have
benefited +3.4 million people across
the world, with many of them actively
supporting women’s causes and
women empowerment.”
In 2020, we launched the L’Oréal Fund for Women, a
€50M fund designed to support women in vulnerable
circumstances. To date, the fund has worked with around
240 frontline non-for-profit organizations, which have
directly helped more than 1,230,000 women and girls,
with many more indirectly benefiting from the activities
supported by the fund.
In 2021, we launched “The L’Oréal for Youth” program,
which provides dedicated support and work opportunities
to 25,000 under 30s every year. This includes internship,
apprenticeship, and management trainee programs,
together with mentoring, masterclasses and coaching.
We are also working across our entire ecosystem.
Through our “Solidarity Sourcing” program, we choose
to engage with suppliers that enable access to employment
for people from economically or socially disadvantaged
communities. At the end of 2022, this program has
helped over 85,000 people gain access to employment.
We are also working together with our strategic partners
and suppliers to ensure that, by 2030, all their employees
will be paid a living wage in line with best practices.
Nicolas Hieronimus joined L’Oréal in 1987 as
Product Manager. As marketing Director for the
Laboratoires Garnier in 1993, he successfully
created the Fructis haircare range. In 1998,
he became General Manager of the Garnier
Maybelline Division in the UK. In 2000, he was
named General Manager, L’Oréal Paris France,
and then International General Manager for
L’Oréal Paris, which he repositioned as the
“accessible luxury” brand. In particular he
developed skincare with the creation of Dermo
expertise, Solar expertise, and Men expert. In
2005, he became General Manager of L’Oréal
Mexico. In 2008, he became General Manager
of the L’Oréal Professional Products Division
and he increased its global leadership, driven
in particular by the launch of Inoa hair color. In
January 2011, he was appointed President L’Oréal
Luxe, a role that he held until the end of 2018. In
addition to this role, he took up a new position
as President Selective Divisions (Luxury, Active
Cosmetics, Professional Products) on July 1, 2013
and he was named Deputy CEO in charge of
Divisions on May 1, 2017.
In May 2021, Nicolas Hieronimus was appointed
as Chief Executive Officer of L’Oréal, as well as
member of the Board of Directors.
Through these different actions, we can work to fulfill our
mission to create the beauty that moves the world.
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