L'Oréal renews Liliane Bettencourt’s board status

Published: 28-Apr-2011
Manufacturing Finance

Announcement ends speculation and controversy


The L'Oréal AGM has renewed the board membership of the major shareholder, company heiress Liliane Bettencourt for a period of four years. Bettencourt, who is 88, did not attend the meeting as she was in hospital after a fall.

The renewal of the mandate ends speculation and controversy about her presence on the board following the long running public dispute with her daughter Francoise, also a board member.

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