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Jean Levy age 73 a Director since August 1996 an independent director and a member of the audit and executive compensation and stock option committees - worked for twenty-seven years at L'Oreal and was the President and Chief Executive Officer of Cosmair the exclusive United States licensee of L'Oreal from 1983 through June 1987. In addition he is the former President and Chief Executive Officer of Sanofi Beaute (France). For the more than the past five years Mr. Levy has been an independent advisor as well as a consultant for economic development to local governments in France. A graduate of l'Institut d'Etudes Politiques de Paris he also attended Yale Graduate School and was a recipient of a Fulbright Scholarship. He was also a Professor at l'Institut d'Etudes Politiques de Paris. He was formerly a director of Zannier Group and Escada Beaute Worldwide and Rallye S.A. In addition Mr. Levy was also a director (Chairman of the Board until October 2001) of Financière d'Or and its subsidiary Histoire d'Or which is in the retail jewelry business. Mr. Levy was formerly a consultant to Ernst & Young Paris through 2004. He is currently a board member of Price Minister an internet based retainer located in Paris.
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