Former L'Oréal China CEO Takes the Helm of LVMH's Beauty Division

Chaileedo Press
Mar 7, 2023
2 min read

Stephane Rinderknech, the new head of the LVMH beauty division, worked for more than 20 years at L'Oréal Group and moved to China in 2011 before being promoted to the chief executive officer of L'Oréal China in 2016.

LVMH on Monday appointed Stephane Rinderknech as chairman and chief executive officer of its beauty division. He was previously CEO of L'Oréal China. Rinderknech joined LVMH in 2022 to lead the hospitality business and will continue to manage the business in the future as well.

A graduate of the Institut supérieur de gestion de Paris (ISG), he previously spent nearly 20 years at French beauty giant L'Oréal Group, where he worked as the CEO of L'Oréal's North American division in Miami in 2001. In 2001, he became Director of Lancome North America in Miami.

He joined L'Oréal in 2001 and moved to China in 2011 to head the Consumer Public Affairs and Premium Cosmetics divisions before being promoted to CEO of L'Oréal China in 2016 and joining the L'Oréal Executive Committee two years later.

In 2022, Stephane Rinderknech joined the LVMH Executive Committee and became Chief Executive Officer of the Group's Hospitality Excellence Business.

Bernard Arnault, Chief Executive Officer of LVMH, said that Stephane has demonstrated an exceptional ability to achieve outstanding results, develop the organisation and harness the talents of his people throughout his career. He is able to lead the Group's business to the next level.

In addition to this appointment, LVMH also announced several other important personnel changes, appointing Veronique Courtois, Head of Guerlain, as President and CEO of Parfums Christian Dior, and Gabrielle Saint-Genis Rodriguez, Head of Make Up For Ever, to replace him at Guerlain.

In January, LVMH held a conference call with analysts in Paris after announcing its figures for the 2022 financial year. At the conference, LVMH said the group was confident that the Chinese luxury market would recover this year as China continued to reopen.