THE WHAT? Kering Beauté has appointed Stéphane Perrault as its new chief financial officer (CFO).

THE DETAILS  Perrault has also held CFO roles at La Bouche Rouge and Arvato Supply Chain Solutions. From 2016 to 2019, he served as CFO for Europe, the Middle East, and Africa and as global CFO of fragrances at Shiseido.

THE WHY? His appointment is part of Kering Beauté’s ongoing efforts to strengthen its executive team. In late April, Alexandre Choueiri was named president and chief operating officer of Kering Beauté Americas.