On the move

L'Oreal shifts Megarbane to China from Germany

L'Oreal China reportedly named Fabrice Megarbane (pictured), managing director for its German branch, as CEO, effective July 1. Megarbane will take over from Stephane Rinderknech whose new position remains undisclosed. Megarbane now works concurrently as an adviser with trade company CCE-Allemagne. Prior to his current position, Megarbane served in several executive roles in different regions, including as regional general manager for consumer division in L'Oreal Africa Middle East, and as general manager of the professional division in L'Oreal Middle East.

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