Alex Davison has been appointed the new CEO of L’Oreal Group ANZ, succeeding Rodrigo Pizarro. 

Davison has served as the CEO of L’Oreal Greece for the past three years. According to the group, Greece has continuously been among the fastest-growing markets in Europe under his leadership, with the company achieving three years of double-digit growth, and building market share in every business channel. 

“This aligns with my personal leadership values and I’m looking forward to working with the team as we build brands tailored for Australian and New Zealand consumers, and a business focused on sustainability and diversity,” said Davison. 

He also oversaw the group and was honoured in Greece with a ‘Top 20 Company Changing the World for Good’, award by Fortune magazine.

In 2016, Davison began working for the L’Oreal Group as the UK GM of the business division for Dermatological Beauty. Prior to that, he worked for Procter & Gamble for 17 years. 

L’Oreal purchased Australian luxury cosmetics business Aesop from Brazil’s Natura & Co Holding earlier this year for US$2.525 billion (A$3.7 billion).