PARIS – Jean-Paul Agon, L’Oréal’s chairman and chief executive officer is to propose ending the corporation’s current stock-option system and waive half of the shares given to him for 2010, a company spokeswoman confirmed on Sunday.
Today, 2,300 L’Oréal employees benefit from an arrangement whereby the company board grants managers shares at a fixed price that cannot be exercised for a period of five years minimum.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"