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L'Oréal chairman Jean-Paul Agon appointed chairman of the board at HEC
As anticipated in December, the appointment of Jean-Paul Agon as chairman of HEC Paris has been officially confirmed. L'Oréal’s chairman has been unanimously appointed during an extraordinary board meeting. As stated by the institution, he succeeds Jean-Paul Vermès, who has just completed his six-year term.
Agon (65) is no stranger to the prestigious business school. He attended it as a student himself and graduated in 1978, and throughout the years has supported the institution regularly as a donor. He "has never stopped being involved with HEC Paris," investing particularly in the school's equal opportunities and social diversity program. In 2019, he created his own Sheltered Foundation pledging one million euros to support this cause. In September 2021, he joined the HEC Foundation’s board of directors.
The manager has spent his entire career at L'Oreal in Europe, Asia and the United States. He became the group's chief executive officer in 2006, and then chairman and CEO in 2011. He held the executive position up until 2021, when Nicolas Hieronimus replaced him as CEO, while Agon retained his position as chairman.
"His exceptional career has made him a leading figure in the business world, both in France and internationally," said the institution, mentioning that Agon’s additional responsibilities include being lead director of Air Liquide, serving as member of the European Round Table of Industrialists and a director of the French Institute of International Relations (Ifri).
He will preside over HEC alongside CEO Eloïc Peyrache, who described Agon as a "visionary leader" and lauded his strong commitment "to equal opportunities and promoting French excellence worldwide."
"Embarking on this adventure now is all the more important as business schools are at a turning point: education models are being reinvented and both environmental and social expectations are higher than ever," commented Agon, declaring that he is enthusiastically committed to this new role.
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