Beauty

Since taking over the reins of Australian skin-care brand Aesop in 2003, CEO Michael O’Keeffe has been on a mission to grow the brand from an indie, salon-driven company to a luxury skin-care giant. Twenty years in, Aesop is on the growth path O’Keeffe had always envisioned for the company. In April, the luxury skin-care brand made headlines when its then-parent company, Natura & Co., signed an agreement to sell the brand to cosmetics company L’Oréal. The acquisition, valued at $2.53 billion, made history as L’Oréal’s biggest acquisition to date, and the deal was completed on August 30.