Francois Dalle, chief executive of L’Oreal for 27 years and credited with transforming the French cosmetics company into a global giant, has died. He was 87.
Dalle died on August 9 in Geneva where he lived in retirement and will be remembered at a private ceremony at his residence tomorrow, according to his personal secretary.
He was buried on August 12 at a private ceremony in Geneva, newspaper reports said.
Dalle was head of L’Oreal from 1957 to 1984, during which time the company acquired such prestigious cosmetics brands as Lancome, Garnier, Biotherm and Vichy.
He also was instrumental in expanding L’Oreal’s market in Japan and the United States, where he worked before taking over direction of the company.