L'Occitane CEO Laurent Marteau steps down

He will shift his focus on personal and other business interests.

Laurent Marteau has resigned as chief executive officer and board member of the L'Occitane Group, effective 16 September. He will shift his focus on personal and other business interests.

The board has appointed an interim leadership team consisting of Reinold Geiger, chairman; Samuel Antunes, chief financial officer; and Ingo Dauer, general counsel, to manage the company’s daily operations.

The company is also preparing to delist from the Hong Kong Stock Exchange, with the process expected to conclude by 16 October.