French beauty giant L’Oréal Groupe announced on Thursday the appointment of Ali Goldstein to the role of president of acquisitions for L’Oréal USA.
Ali Goldstein – Courtesy
Goldstein succeeds Carol Hamilton, who will be retiring from L’Oréal after a 40-year career with the Paris-based company.
In her new role, Goldstein will be responsible for identifying U.S. beauty brands and services for potential acquisition or investment across all four L’Oréal Divisions — mass market, luxury, dermatological and professional beauty. She will report to David Greenberg, CEO of L’Oréal USA and president of the North America zone.
Joining L’Oréal in 2001, Goldstein has served in leadership roles across L’Oréal Paris, Maybelline, and Garnier. She then served as senior vice president, strategy & business development for the consumer products division (CPD), where she was responsible for identifying new business opportunities, including acquisitions and helping to develop the growth plan of the division in the U.S.
Since 2019, Goldstein has served as U.S. President of L’Oréal Paris, the largest brand in L’Oréal USA’s portfolio.
“Ali Goldstein’s unmatched knowledge of the industry and the American beauty market, her sensitivity to spotting emerging trends and scouting new business opportunities, and her decades-long experience of building powerful brands and setting them on a course for growth make her the perfect candidate to lead our company’s brand acquisition strategy into the future,” said Greenberg.
Earlier this month, L’Oréal said it had acquired a minority stake in Jacquemus, forging an “exclusive beauty partnership” with the independent French fashion label.
