Christophe Babule has been appointed executive vice president, chief financial officer and member of L'Oréal's executive committee as of mid-February 2019. He succeeds Christian Mulliez who after 17 years as executive vice president, CFO, and 36 years in the Group, has announced he will take a step back from his professional activity for personal reasons. Babule will report directly to Jean-Paul Agon, chairman and chief executive officer.
Babule has spent his career with L'Oréal, which he joined in 1988. He spent seven years in the Luxury Division in Italy before moving to Asia, first based in France for the zone, and subsequently as director of administration & finance based in China. In 2007, he was appointed administration & financial director for Mexico. In 2010, he returned to France to join Mulliez's executive committee as director of internal audit for nearly five years. Afterwards he was appointed to his current position as administration & financial director for the Asia Pacific Zone based in Shanghai and then in Hong Kong.
Cyril Chapuy has been named president L'Oréal Luxe and a member of the Group's executive committee as of January 1, 2019. He will report to Nicolas Hieronimus, managing director L'Oréal Luxe.
After joining L'Oréal Paris as product manager in 1993, Cyril Chapuy led an international career. Starting at LaScad and then becoming head of marketing of Gemey Maybelline France, he was appointed general manager of the consumer products division in Brazil. From 2005 to 2010, he was president of Maybelline in New York and then took the same role for L'Oréal Paris, the Group's leading brand. In 2017 he was appointed deputy general manager L'Oréal Luxe, in charge of International Brands.
PHOTOS: Cyril Chapuy (L); Christophe Babule