P&G vet finds pretty new gig

PARIS — The president of Procter & Gamble's global hair care business is taking on a new role at Sephora.

Effective March 31, Christopher de Lapuente will end his 28-year career at P&G to become the global president and CEO for beauty retailer Sephora, which is owned by luxury group LVMH. All regions worldwide will report to him. For European operations, de Lapuente succeeds Jacques Levy.

In addition to his responsibilities as global president and CEO for Sephora, de Lapuente also will be a member of LVMH's executive committee.

"Joining LVMH as a member of the executive committee and head of Sephora, Christopher de Lapuente will bring to the group a wealth of international experience; his know-how will be a precious asset for the global growth of Sephora and add to the continued success of LVMH," said Bernard Arnault, LVMH founder, chairman and CEO.