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Françoise Bettencourt Meyers Hands Over Key Roles at L’Oréal in Generational Transition

The heiress steps down from L’Oréal’s board and vice-presidency, transferring leadership to her eldest son and family holding company Téthys.

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Françoise Bettencourt-Meyers et son fils aîné Jean-Victor Meyers, le 20 février 2015 au tribunal de Bordeaux. 

Overview

  • Françoise Bettencourt Meyers, after nearly three decades as vice-president, formally stepped down during L’Oréal’s April 2025 annual general meeting.
  • Her eldest son, Jean-Victor Meyers, 38, has assumed the role of vice-president, while Téthys representative Alexandre Benais now holds her board seat.
  • Bettencourt Meyers remains president of Téthys, maintaining strategic oversight of the family’s 35% stake in L’Oréal.
  • The governance changes emphasize the Bettencourt family’s commitment to preserving its multi-generational stewardship of the cosmetics giant.
  • L’Oréal continues to thrive financially, reporting €43.48 billion in revenue for 2024, with Bettencourt Meyers recognized as France’s wealthiest woman by Forbes.