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L’Oréal USA President of Acquisitions to Retire

Yesterday, Carol Hamilton, a driving force behind L’Oréal USA’s growth, will retire from the company on May 1, marking the end of an illustrious 40-year career. Hamilton’s tenure at L’Oréal has been nothing short of transformative, with her leadership shaping some of the industry’s most iconic brands and setting new benchmarks in beauty.

Hamilton joined L’Oréal’s consumer products division in 1984 as a marketing director for L’Oréal Paris, eventually becoming U.S. brand president in 2000 and later global brand president. Under her leadership, L’Oréal Paris evolved from a hair color powerhouse into the world’s largest beauty brand, leading in hair care, makeup, and skincare.

In 2008, Hamilton took the helm of L’Oréal Luxe, doubling its business and driving record profitability over an eight-year tenure. As U.S. president of acquisitions, a role she assumed in 2018, she played a key role in integrating major brands such as Kiehl’s, Urban Decay, and It Cosmetics into the L’Oréal portfolio. Most recently, she spearheaded the development of L’Oréal’s 120,000-square-foot West Coast headquarters, reinforcing the company’s presence in Los Angeles.

Reflecting on her career, Hamilton expressed gratitude for witnessing beauty’s evolution into a powerful and respected industry. “Over the last four decades, beauty has transformed itself,” she said. “It’s so gratifying to see how important the industry has become to consumers and the business world.”

David Greenberg, CEO of L’Oréal USA and president of the North America Zone, praised Hamilton’s impact: “Carol Hamilton’s leadership at L’Oréal has been nothing short of transformative. Her strategic vision propelled unprecedented growth for many brands in the portfolio, achieving market leadership across multiple categories. Beyond her sharp business acumen, Carol’s commitment to mentorship and talent development leaves an enduring legacy of leadership.”

Though she is stepping away from L’Oréal, Hamilton has no plans to leave the beauty industry entirely. “I’m just moving to my next chapter,” she said. “I love building brands and supporting founders, so I will continue in the industry, just from a different vantage point.”

Looking ahead, Hamilton sees the industry at a tipping point, with shifting category and channel dynamics reshaping the landscape. She is particularly intrigued by the intersection of beauty and wellness, noting how indie brands that emerged during the pandemic are set to redefine the industry over the next decade.

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