BAORDING : Jean-Paul Agon, president of L’Oréal, was unanimously appointed chairman of the board of directors of HEC Paris, the executive’s alma mater, during an extraordinary board meeting.
In this position, Agon succeeds Jean-Paul Vermès at the end of his six-year mandate.
Agon graduated from the business school, part of a network of higher education institutions known in France as the “grandes écoles”, in 1978. He made his career at L’Oréal, occupying posts in Europe, Asia and the United States. He was appointed Group Chief Executive Officer in 2006 and Chairman in 2011.
Agon’s other extracurricular roles include that of Senior Director of Air Liquide. He is a member of the European Round Table of Industrialists and administrator of the French Institute of International Relations.
“Since leaving the Grande École, Jean-Paul Agon has been involved with HEC Paris on a professional level – through his functions at L’Oréal – and on a personal level – as a major donor” , said HEC Paris in a statement released Thursday. . “Since 2006, he has been heavily involved in the equal opportunity and social diversity program at HEC Paris.
“In 2019, he created his own Sheltered Foundation, pledging up to 1 million euros to support this cause which is so close to his heart”, continues the school.
Agon joined the Board of Directors of the HEC Foundation in September 2021.
“Jean-Paul Agon is both a visionary leader and a man strongly committed to equal opportunity and the promotion of French excellence in the world”, declared Eloïc Peyrache, Dean and CEO of HEC Paris. “Her new role at HEC Paris represents an exceptional opportunity at a time when our school’s primary mission and goal is to have a positive impact on the world.”
Agon said HEC Paris “holds a special place in my heart”.
“This appointment marks a new step in my commitment,” he said. “I am delighted to have had the opportunity to use my experience and my convictions to contribute to the excellence of this world champion in education and research.
“Starting this adventure now is all the more important as business schools are at a turning point: education models are being reinvented, and environmental and social expectations are higher than ever,” continues Agon. “I am delighted to be involved, alongside Eloïc Peyrache and his team, in their ambitious transformation of the school, to prepare its future, and amplify its impact and its contribution to the world of tomorrow.
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