L’Oréal China appoints new CEO

L’Oréal China has appointed Stéphane Rinderknech (pictured) as CEO. In addition, he will continue to head the consumer products division.Rinderknech succeeds Alexis Perakis-Valat who continues to be in charge in of the Asia Pacific as executive vice-president Asia Pacific Zone and member of L'Oréal's Executive Committee, based in Shanghai.Rinderknech joined L’Oréal in 2001 in the U.S. in travel retail. After holding different management positions with the luxe dDivision in Japan and Korea, he became vice president of L’Oreal China in charge of the luxe division in June 2011 before taking the helm of the consumer products division at the beginning of 2015.