L’Occitane Group combines chief executive and group managing director positions into one role.
The L’Occitane Group is to combine the responsibilities of its chief executive and group managing director positions into one role.
Effective from 1 April, the move follows acting chief executive André Hoffmann’s decision to step down from his position, although he will remain as an executive director and member of the board with a focus on strategic, policy and leadership matters.
Meanwhile, Laurent Marteau, the group’s current managing director, has been appointed as L’Occitane Group chief executive.
With over 20 years of experience in the global beauty industry, Marteau worked for the LVMH Group in various senior management roles and countries for 15 years and subsequently worked with La Prairie Group. He joined the L’Occitane Group as group managing director in 2022.
Reinold Geiger, chairman of the L’Occitane Group, said: “As our group grows, we need to evolve, Laurent embodies the L’Occitane Group’s entrepreneurial mindset and deep commitment to people and nature.
“His in-depth knowledge of the global market, combined with an inclusive leadership style, makes him a strong CEO to bring together a multi-brand and multicultural group delivering value for all our stakeholders.”
Hoffmann has been acting as vice-chairman of the L’Occitane Group since 2016 and took on the role of group chief executive in 2021. He will work alongside the group’s senior management team to help ensure a smooth transition.
Geiger added: “I want to thank André, my business partner of almost 30 years, for his leadership during his time as CEO. He will continue to play a significant role in the group, supporting its strategic direction as executive director and member of the board.”