Science AND Beauty: L’Oréal CEO Nicolas Hieronimus on the business of beauty
Description
The purpose of L’Oréal is to create beauty that moves the world. According to CEO, Nicolas Hieronimus, ‘to move’ can have two meanings: “One is to change things, such as using green sciences and reducing package as a way to move the world. But moving is also about emotion. Beauty is about emotions; it’s about bringing people self-confidence.” Ilham and Nicolas have a fascinating conversation about science AND beauty, discussing topics such as beauty and tech, how to be sustainable and profitable, and the importance of promoting diversity in the beauty industry.
Nicolas Hieronimus has spent the majority of his career at L’Oréal, one of the world’s largest cosmetic companies. He started his career at the company as a Product Manager for the Garnier branch in 1987 and was named CEO of L’Oréal in 2021. Describing himself as a ‘beauty junkie’, Nicolas has reinforced L’Oréal’s commitment to sustainability, inclusivity, transparency, and cutting-edge technology, solidifying L’Oréal’s position as a beacon of innovation and ethical responsibility in the beauty industry.
Timestamps
01:30- Introduction to the beauty industry
04:03 - Taking professional risks that pay off
08:29 - Being a purpose-led company
11:45 - Being sustainable AND profitable
15:45 - Tech for beauty
20:23 - The importance of psychological safety in the workplace
23:46 - Introducing Warm Up Mondays
25:05 - Promoting diversity in science and beauty
30:39 - Favorite music and movies
For additional details about the podcast, show notes, and access to resources mentioned during the show, please visit https://www.syensqo.com/en/podcast