Trade association Cosmetics Europe announced June 16 that Loic Armand, current president of L'Oreai France, will serve as the group's president for the 2014-2016 term. Armand joined L'Oreal SA in 1984 after four years with the General Inspection of Finances, an interdepartmental oversight body in France, and joined Cosmetics Europe's board in 2001.
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