L’Oréal Groupe has announced the appointment of Damien Favre as President of the L’Oréal Dermatological Beauty Division (LDB) for the North America Zone.
Favre joins LDB following his leadership of the Consumer Products Division (CPD) in L’Oréal’s Latin America Zone. The global beauty giant commended Fabre’s four-year tenure in Latin America, highlighting his “remarkable achievements,” which included more than doubling net sales and establishing CPD as the group’s fastest-growing zone worldwide.
“Damien Favre’s impressive track record of driving growth, building brands, navigating complex market dynamics, and fostering a culture of high performance make him ideally positioned to lead L’Oréal Dermatological Beauty in North America as the Division continues to evolve,” said David Greenberg, CEO of L’Oréal USA and President of the North America Zone. “Damien’s dedication to driving innovation will undoubtedly fuel the Division to continue to deliver dermatological solutions that consumers need.”
Favre’s journey with L’Oréal began in 2005 with the L’Oréal Paris marketing team in France. Over the last 20 years, he has gone on to hold leadership roles as Garnier’s Marketing Director for Western Europe, Garnier’s General Manager in Italy, and the CPD General Manager in Argentina—significantly elevating the Division’s market position, driving record performance, and attaining expertise in skincare and haircare.
Favre succeeds Christina Fair, who was recently appointed President of the Consumer Products Division for L’Oréal’s North America Zone.
