The president of Lancome worldwide, Youssef Nabi, has decided to resign. He had served as president since 2009. A replacement has not yet been named.

Lancome U.S., which is based in New York, has a new president – Xavier Vey. Vey succeeds Serge Jureidini, who left in February to become president and chief executive officer of Arcade Marketing.

Vey is a 15-year L’Oréal veteran, who held several development and operational positions in various European markets, including Spain and the UK. Most recently, he held the position of general manager at L’Oréal Luxe in France, since 2008.