By  on April 20, 2017
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PARIS — The appointment Thursday of Nicolas Hieronimus as L’Oréal’s deputy chief executive officer, placing him second in command, has amplified industry buzz over whether he's the heir-apparent to one day step up to the beauty giant’s top post.

Jean-Paul Agon, L’Oréal's chairman and ceo, revealed Hieronimus’ promotion to the newly created role during the group's annual general meeting here. He is currently president of the company’s Selective divisions and in his new post will now also oversee the Consumer Products division.

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