Marc Rey has left his post as president of International Designer Collections at L’Oréal Luxe USA.
He will be replaced by Alexandre Choueiri, who was promoted to general manager of international designer collections, and will begin his new role next month.
During Rey’s four-year tenure at L’Oréal, he also served as president of Giorgio Armani Beauty U.S., and chief executive officer and managing director of YSL Beauté in the U.S. L’Oréal acquired YSL Beauté, and along with it Rey, in 2008. He has also worked with the RoC and Neutrogena beauty brands in Europe.
In an international memo to L’Oréal Luxe employees, the company said Rey “is leaving the company to take an important role outside of L’Oréal.” Industry sources said Rey plans to return to the prestige beauty business after his noncompete expires.
Choueiri, for his part, most recently was general manager of Lancôme U.K. and Ireland. His 12 years at L’Oréal also include market experience in Italy, France and Australia.