L’Oréal was founded by Eugène Schueller in 1909 and, over a 107 year history, the company has grown to become the biggest cosmetic group in the world. Major launches, acquisitions, opening new subsidiaries, it is a multiple-faceted, multi-product business with a myriad of ethnic origins and, with its international credentials, L’Oréal is championing diversity in its global growth agenda. Headed since 2006 by Chairman Lindsay Owen-Jones, and Chief Executive Officer Jean-Paul Agon, who was appointed Chairman and CEO in 2011, the Group continues to make new acquisitions around the world and is at the cutting-edge of environmental and socially responsible initiatives.