
L’Oréal USA has a new executive overseeing M&A opportunities.
Ali Goldstein has been named president of acquisitions for L’Oréal USA, taking the reins from Carol Hamilton, who is retiring after 40 years with the company.
In her new role, Goldstein will be responsible for identifying American beauty brands and services for potential acquisition or investment across all four L’Oréal Divisions — mass market, luxury, dermatological and professional beauty-2.
She’ll report to David Greenberg, chief executive officer of L’Oréal USA and president of the North America Zone.
“Ali Goldstein’s unmatched knowledge of the industry and the American beauty market, her sensitivity to spotting emerging trends and scouting new business opportunities, and her decades-long experience of building powerful brands and setting them on a course for growth make her the perfect candidate to lead our company’s brand acquisition strategy into the future,” said Greenberg in a statement.
Since 2019, Goldstein has served as U.S. president of L’Oréal Paris. She joined L’Oréal USA in 2001, and served in leadership roles across L’Oréal Paris, Maybelline, and Garnier.
As U.S. president of acquisitions, a role she assumed in 2018, Hamilton oversaw the acquisition and integration of key brands such as Kiehl’s, Urban Decay and It Cosmetics.
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Source: https://wwd.com/
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