By Alberto Delclaux

L'Oreal SA (OR.FR) said Monday that Christophe Babule will be its new chief financial officer and executive vice president as of mid-February, replacing Christian Mulliez.

Mr. Babule is currently administration and financial director of the Asia Pacific region and has been working in L'Oreal since 1988, the company said.

The company also said that Cyril Chapuy will be taking over as president of L'Oreal Luxe and will become a member of the executive committee as of Jan. 1.

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

(END) Dow Jones Newswires

November 19, 2018 12:42 ET (17:42 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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