Sanofi Beaute
This article was originally published in The Rose Sheet
Executive Summary
Don Loftus is named exec VP and chief operating officer, effective March 14. Loftus is returning to Sanofi, where he was VP sales from 1990 through late 1992, from his current position as president of Vepro, U.S.A. Loftus' cosmetics industry experience also includes stints at Yves Saint Laurent Parfums as VP sales and at Estee Lauder in a number of sales management positions. Loftus, who will report to Sanofi Beaute, Inc. President and CEO and Sanofi Beaute S.A. Worldwide President of American Brands Lawrence Aiken, will assume duties currently handled by Aiken. Aiken is being moved to Sanofi Beaute's Paris headquarters in May. His relocation is expected to help bolster the performance of Sanofi Beaute's American brands overseas and to strengthen the company's top management team, the firm says