L'Occitane Group, the B Corp-certified specialist in high-end sustainable beauty and well-being, has announced Laurent Marteau's decision to step down as CEO and member of the Board of Directors, effective September 16, 2024, to focus more on his personal activities and pursue professional opportunities outside the Group.
The Board of Directors has set up an "Office of the CEO" whose members will manage the day-to-day operations of the company during this transition period. Its members are Reinold Geiger, Chairman and majority shareholder of the L'Occitane Group, Samuel Antunes, Group Chief Financial Officer, and Ingo Dauer, Group General Counsel.
The L'Occitane Group is currently focusing on the transition to new management and governance structures as part of its delisting from the Hong Kong stock exchange, which should be completed by October 16, 2024.
Photo taken from the L'Occitane Group website.
