The Estee Lauder Companies Inc. (EL), Tuesday announced that it has named Brian Franz its Chief Technology, Data & Analytics Officer, effective April 21. Previously Executive Vice President and CIO at State Street, Franz brings extensive experience from leadership roles at Diageo, PepsiCo, GE, and AT&T. EL is currently trading at 54.76 dollars,...
Apr 22, 2025
For his highly anticipated debut as Creative Director of Tom Ford, Haider Ackermann opted for a subtle, atmospheric nod to the brand’s origins — deftly recreating the kind of show environment long associated with Mr. Ford’s own era-defining presentations. The space was a study in seductive restraint: dimly lit, framed by smoked mirrors, lined...
Mar 6, 2025
Sportswear giant Under Armour, Inc. has hired Liz Bacelar, the former executive director of global tech innovation at Estee Lauder, to head its new artificial intelligence and advanced analytics division. In her new role at Under Armour, Bacelar has been tasked with building a team of data scientists, engineers and AI specialists to integrate...
Feb 27, 2025
Peter Jueptner, group president, international, The Estée Lauder Companies has decided to step down from his role as of April 1, 2025, and to leave the company effective June 30, 2025. “Over the course of his impressive career with us, Peter has been one of the key architects of The Estée Lauder Companies, helping to expand our brand portfolio,...
Jan 27, 2025
On Friday, Estée Lauder Companies (EL) announced the retirement of Ronald S. Lauder from its Board of Directors, effective immediately. Following his retirement, the Board has elected Eric Zinterhofer as a director. Under the stockholders' agreement with the Lauder family, Lauder has the right to appoint two board members. While his daughter,...
Jan 13, 2025
Estée Lauder’s first quarter net sales of 3.36 billion dollars, decreased by 4 percent, while organic net sales decreased 5 percent. For the second quarter reported and organic net sales are forecasted to decrease between 8 percent and 6 percent, reported diluted net earnings per share are projected to be between 2 cents and 19 cents and...
Oct 31, 2024
Estée Lauder has announced the appointment of Stéphane de La Faverie as its new president and chief executive officer and member of its board of directors, effective January 1, 2025. The company said in a statement that de La Faverie will succeed Fabrizio Freda, who announced his intention to retire earlier this year after more than sixteen...
Oct 30, 2024
The Estée Lauder Companies has announced that after more than 28 years with the company, Mark Loomis, group president, North America, will retire at the end of fiscal year 2025. He will be succeeded by Tara Simon, who will assume the role of president, North America, and Amber English, who will assume the role of president, digital and online,...
Oct 1, 2024
The Estée Lauder Companies reported full year net sales of 15.61 billion dollars, a decrease of 2 percent versus the prior year, while organic net sales decreased 2 percent. The company’s reported net earnings declined to 0.39 billion dollars. The company said that the fourth quarter net sales of 3.87 billion dollars, a 7 percent increase,...
Aug 19, 2024
The Estée Lauder Companies has announced that president and chief executive Fabrizio Freda intends to retire at the end of fiscal year 2025, after more than 16 years at the company. In a statement, Estée Lauder’s board said it was “well advanced” in its long-established CEO succession planning process and has considered many highly qualified...
The Estée Lauder Companies has named Rashida La Lande as executive vice president and general counsel, effective August 19, 2024. The company said in a release that La Lande will jointly report to William P. Lauder, executive chairman, and Fabrizio Freda, president and chief executive officer. She will join the company’s executive leadership...
Aug 7, 2024
The Estée Lauder Companies (ELC) has appointed Akhil Shrivastava a executive vice president and chief financial officer, succeeding Tracey T. Travis, whose retirement was announced on July 11, 2024. Joining on November 1, 2024, Shrivastava will report to William P. Lauder, executive chairman, and Fabrizio Freda, president and chief executive...
Jul 24, 2024