L’OREAL HEIRESS STEPS DOWN

All of you that use or are associated with L’Oreal, Kerastase, Matrix, Maybelline, Mizain, Redken, Purology and a swarm of other manufacturers and distributors might be interested to know that Liliane Bettencourt, 89, the richest woman in France has ended her tenure as Board Director and will be replaced by her grandson.

She has been in the news lately following a disagreement with her daughter over expensive gifts that she supposedly gave to a friend.  There have also been allegations of illegal political donations and tax evasion but as of now this has just been made public by the press and has not been proven.

Don’t worry about her retirement.  I would imagine she has enough money to live out her years.