L'Oréal Groupe Names Damien Favre President of the L'Oréal Dermatological Beauty Division (LDB) for North America

NEW YORK, March 4, 2025 /PRNewswire/ -- L'Oréal Groupe today 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. His four-year tenure led to remarkable achievements, including more than doubling net sales and significantly raising the portfolio's brand image while consistently being recognized as CPD'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 (Tina) Fair, who was recently appointed President of the Consumer Products Division for L'Oréal's North America Zone. 

About L'Oréal USA 

L'Oréal USA is the largest subsidiary of the L'Oréal Groupe, the world's leading beauty company. Through its management of over 35 iconic beauty brands, L'Oréal USA generated more than $11 billion in sales in 2024. Products are available across all distribution channels including hair salons, department stores, mass market, pharmacies, medi-spas, e-commerce and more. L'Oréal USA's commitment to growth is generated through sustainable innovation and driven by the company's L'Oréal for the Future ambition which demonstrates sustainable development across the Group's value chain. The company is headquartered in New York City, employs more than 12,000 people, and operates administrative, research, manufacturing and distribution facilities across 16 states.

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SOURCE L’Oréal Groupe