Organization Structure
NYX Cosmetics is under L’oreal’s Consumer Products Division. The other divisions of L’oreal are ‘Active Cosmetics Division’, ‘Professional Products Division’, ‘The Body Shop’.
Generally, L’oreal consists of ten big departments, which are ‘Digital’, ‘Research & Innovation’, ‘Retail’, ‘Sales & Business Development’, ‘Marketing’, ‘Operation’, ‘Finance’, ‘Human Resources’, ‘IT & Systems’, ‘Communication & HR’, which are managed by the managers. The managers are responsible to Chiefs, the Presidents, and the Vice Presidents of each department.
3.2 Governance
L’oreal’s Governance relies on its Board of Directors, whose commitment to supporting L’Oréal's development and support on which the senior management and the Executive Committee can depend on, in order to meet the challenges of the future.
L’Oréal's Executive Committee consists of 15 members, in charge of the group's …show more content…
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