PARIS — There’s a new executive structure at Sephora, with Martin Brok joining the world’s largest prestige beauty retailer as president and chief executive officer, reporting to Chris de Lapuente, who previously led the chain for 10 years.
“I want to thank Chris for transforming Sephora over the last decade to be one of the world’s most successful retail brands with a unique culture and a formidably strong organization,” Bernard Arnault, chairman and ceo of LVMH, said in a statement. De Lapuente said of Brok: “Throughout his professional life, he has driven the growth of brands that have continuously reinvented their customer experience, which is precisely what Sephora needs to do in the fast-changing world of beauty retailing.”
De Lapuente explained that for some time he thought that if Sephora is to double its business again, it needs a full-time ceo who can focus on the business to make the changes needed to reinforce its leadership in prestige beauty.