Stéphane de La Faverie Announces Leadership Updates in Support of The Estée Lauder Companies’ Beauty Reimagined Vision
The Estée Lauder Companies announced a major organizational restructuring under new President and CEO Stéphane de La Faverie's 'Beauty Reimagined' vision. The company is consolidating its regional structure into four geographic clusters to enhance efficiency and agility, effective April 1, 2025.
Key changes include: consolidation of EMEA, UK&I, and Emerging Markets under Nadine Graf; creation of an Americas cluster under Tara Simon and Amber English; and reorganization of brands into category clusters under Jane Hertzmark Hudis as Executive VP, Chief Brand Officer. The restructuring aims to create a flatter, leaner organization with simplified operations.
The company is also transforming its innovation approach, with Roberto Canevari appointed as EVP, Chief Value Chain Officer, overseeing packaging and engineering alongside supply chain responsibilities. Additional changes include planned recruitment for new executive roles in Technology, Data & Analytics, and Digital Marketing.
Le società Estée Lauder hanno annunciato una significativa ristrutturazione organizzativa sotto la nuova visione 'Bellezza Reinventata' del Presidente e CEO Stéphane de La Faverie. L'azienda sta consolidando la sua struttura regionale in quattro cluster geografici per migliorare l'efficienza e l'agilità, a partire dal 1 aprile 2025.
I cambiamenti chiave includono: consolidamento di EMEA, UK&I e Mercati Emergenti sotto Nadine Graf; creazione di un cluster Americhe sotto Tara Simon e Amber English; e riorganizzazione dei marchi in cluster di categoria sotto Jane Hertzmark Hudis come Vicepresidente Esecutivo e Chief Brand Officer. La ristrutturazione mira a creare un'organizzazione più piatta e snella con operazioni semplificate.
L'azienda sta anche trasformando il suo approccio all'innovazione, con Roberto Canevari nominato EVP, Chief Value Chain Officer, supervisando il packaging e l'ingegneria insieme alle responsabilità nella catena di approvvigionamento. Ulteriori cambiamenti includono il reclutamento pianificato per nuovi ruoli dirigenziali in Tecnologia, Dati e Analisi, e Marketing Digitale.
Las empresas Estée Lauder anunciaron una importante reestructuración organizativa bajo la nueva visión de 'Belleza Reimaginada' del Presidente y CEO Stéphane de La Faverie. La empresa está consolidando su estructura regional en cuatro clústeres geográficos para mejorar la eficiencia y agilidad, a partir del 1 de abril de 2025.
Los cambios clave incluyen: la consolidación de EMEA, UK&I y Mercados Emergentes bajo Nadine Graf; la creación de un clúster de Américas bajo Tara Simon y Amber English; y la reorganización de marcas en clústeres de categoría bajo Jane Hertzmark Hudis como Vicepresidenta Ejecutiva y Chief Brand Officer. La reestructuración tiene como objetivo crear una organización más plana y ágil con operaciones simplificadas.
La empresa también está transformando su enfoque de innovación, con Roberto Canevari nombrado EVP, Chief Value Chain Officer, supervisando el empaque y la ingeniería junto con las responsabilidades de la cadena de suministro. Cambios adicionales incluyen una reclutamiento planeado para nuevos roles ejecutivos en Tecnología, Datos y Análisis, y Marketing Digital.
에스티 로더 컴퍼니즈는 새로운 회장 겸 CEO인 스테판 드 라 파베리의 '아름다움 재구성' 비전을 아래에 중대한 조직 개편을 발표했습니다. 이 회사는 효율성과 민첩성을 향상시키기 위해 2025년 4월 1일부터 지역 구조를 네 개의 지리적 클러스터로 통합할 예정입니다.
주요 변화는 다음과 같습니다: 나딘 그래프 아래 EMEA, UK&I 및 신흥 시장 통합; 타라 시몬과 앰버 잉글리쉬 아래 아메리카 클러스터 창설; 그리고 제인 헤르츠마크 후디스 아래 브랜드를 카테고리 클러스터로 재조직합니다. 이 개편은 더 평평하고 날씬한 조직을 만들고 의사소통을 간소화하는 것을 목표로 합니다.
이 회사는 또한 혁신 접근 방식을 변화시키고 있으며, 로베르토 카네바리가 EVP, Chief Value Chain Officer로 임명되어 포장 및 엔지니어링과 공급망 책임을 감독합니다. 추가적인 변화로는 기술, 데이터 및 분석, 디지털 마케팅 분야의 새로운 임원 채용 계획이 포함됩니다.
Les entreprises Estée Lauder ont annoncé une restructuration organisationnelle majeure sous la vision 'Beauté Réinventée' du nouveau Président et CEO Stéphane de La Faverie. L'entreprise regroupe sa structure régionale en quatre clusters géographiques pour améliorer l'efficacité et l'agilité, à compter du 1er avril 2025.
Les changements clés comprennent : la consolidation de l'EMEA, du Royaume-Uni et des marchés émergents sous Nadine Graf ; la création d'un cluster Amériques sous Tara Simon et Amber English ; et la réorganisation des marques en clusters de catégories sous Jane Hertzmark Hudis en tant que VP Exécutive, Chief Brand Officer. La restructuration vise à créer une organisation plus plate et plus mince avec des opérations simplifiées.
L'entreprise transforme également son approche de l'innovation, avec Roberto Canevari nommé EVP, Chief Value Chain Officer, supervisant l'emballage et l'ingénierie aux côtés des responsabilités de la chaîne d'approvisionnement. D'autres changements comprennent un recrutement prévu pour de nouveaux rôles exécutifs dans les domaines de la technologie, des données et de l'analyse, et du marketing numérique.
Die Estée Lauder Companies haben eine bedeutende organisatorische Umstrukturierung unter der neuen Präsidentin und CEO Stéphane de La Faveries Vision 'Schönheit Neu Erleben' angekündigt. Das Unternehmen konsolidiert seine regionale Struktur in vier geografische Cluster, um die Effizienz und Agilität zu steigern, mit Wirkung zum 1. April 2025.
Zu den wichtigsten Änderungen gehören: die Konsolidierung von EMEA, UK&I und Schwellenländern unter Nadine Graf; die Schaffung eines Amerika-Clusters unter Tara Simon und Amber English; und die Neustrukturierung der Marken in Kategoriecluster unter Jane Hertzmark Hudis als Executive VP und Chief Brand Officer. Die Umstrukturierung zielt darauf ab, eine flachere, schlankere Organisation mit vereinfachten Abläufen zu schaffen.
Das Unternehmen transformiert auch seinen Innovationsansatz, mit Roberto Canevari, der zum EVP, Chief Value Chain Officer, ernannt wurde und die Verpackung und Technik zusammen mit den Verantwortlichkeiten der Lieferkette überwacht. Weitere Änderungen umfassen geplante Einstellungen neuer Führungskräfte in den Bereichen Technologie, Daten & Analytik und digitales Marketing.
- Implementation of organizational restructuring to improve efficiency and decision-making speed
- Consolidation of regions into four geographic clusters for better market responsiveness
- Strategic reorganization of brands into category clusters to enhance operational synergies
- Focus on accelerating innovation and reducing time-to-market for new products
- Significant organizational changes may lead to temporary operational disruptions
- Multiple leadership positions still pending appointment, creating temporary uncertainty
“Earlier today, I announced Beauty Reimagined, our bold strategic vision for the future of our incredible Company,” said Stéphane. “To deliver our action plan priorities, I am pleased to announce my new Executive Team and structure, reflecting the need to create a flatter, leaner organization and simplified operations across the business to better serve our consumers. Through a combination of elevating top talent internally and recruiting externally, we will make decisions with greater speed and agility, breaking down silos and allowing us to develop a leadership bench for the future.”
This new Executive Team, who together represent decades of deep experience within global prestige beauty, will drive the action plan of Beauty Reimagined and focus the Company on its strengths where it leads and excels, including Brand Desirability, Innovation, Consumer Experience, Quality and End-to-End Execution.
To that end, the Company announced the following updates, with changes effective April 1, 2025:
REGIONAL UPDATES
The Company is consolidating its existing regional organization into four geographic clusters to drive greater synergies and efficiencies, as well as strengthen its agility to better capitalize on consumer trends and locally relevant innovation faster.
-
Nadine Graf will lead a newly expanded geographic cluster, overseeing EMEA, the UK&I team and a newly established and dedicated Emerging Markets cluster, spanning markets such as
India , theMiddle East ,Southeast Asia , andAfrica . -
Tara Simon and Amber English will add
Latin America to their responsibilities, creating anAmericas cluster, while allowingLatin America andCanada to operate commercially with speed and maximum agility. -
Joy Fan will continue to lead the Company’s business in mainland
China . -
Matthew Growdon will lead an evolved
Asia-Pacific region , excluding mainlandChina ; additionally, Travel Retail Worldwide, led by Olivier Dubos, will report directly into Matthew.
Nadine, Tara, Amber, Joy and Matthew will join the Executive team, reporting directly to Stéphane. The Company notes there will be no changes to its external reporting approach.
BRAND UPDATES
Leading the Company’s powerful brand portfolio will be Jane Hertzmark Hudis, who will take on the new title of Executive Vice President, Chief Brand Officer, reporting directly to Stéphane. Jane’s appointment reflects her unwavering commitment to nurturing each brand’s unique equity, and her proven ability to understand and connect with diverse, global consumers. The brands will now be organized by category clusters to foster best practices, break down silos, accelerate faster speed-to-market and drive a more consumer-centric approach. The clusters will be led by the following leaders who will report directly to Jane:
- Justin Boxford will continue to lead Estée Lauder and AERIN Beauty.
- Sandra Main will lead the Skin Care brand cluster, including La Mer, Clinique, Origins, Dr.Jart+, Darphin and Lab Series.
- To be named: The Makeup brand cluster, consisting of M·A·C, Bobbi Brown, Too Faced, Smashbox and GLAMGLOW, will be overseen by a leader who will be named at a later date.
-
Jo Dancey will lead the Lifestyle Fragrance brand cluster with oversight of Jo Malone London, KILIAN
PARIS , and Editions de Parfums Frédéric Malle. - Guillaume Jesel will continue to lead the Couture brand cluster, including TOM FORD and BALMAIN Beauty.
- Shane Wolf will continue to lead the Hair Care brand cluster, including AVEDA and Bumble and bumble.
Deborah Royer and Jesper Rasmussen will continue to lead Le Labo and DECIEM, respectively, and will each report directly to Stéphane.
FUNCTION UPDATES
The Company is also dramatically transforming its approach to innovation with the goal of delivering well-executed, fast-to-market, on-trend innovations across subcategories, product benefits and occasions, and high-growth price points.
As part of this effort, the following changes include:
- In the newly created position of Executive Vice President, Chief Value Chain Officer, Roberto Canevari will now assume leadership of the company's Packaging and Engineering organizations, in addition to maintaining responsibility for the Global Supply Chain, including global Manufacturing, Fulfillment, Planning, Supplier Management, Quality, Environment, Health & Safety and Region and Brand Value Chains.
- Carl Haney, Executive Vice President, Global Innovation and Research and Development (R&D), is evolving his role to be solely focused on driving transformative product innovation across every facet of the company’s R&D network, including drastically reducing the amount of time it takes to deliver new innovations to consumers.
The Company will continue to further leverage external partnerships across its R&D and Value Chain to drive greater efficiency, access specialized expertise, and enhance overall operational effectiveness.
As previously announced, following the retirement of Michael O’Hare, Executive Vice President, Chief Human Resources Officer, Michael Bowes has been named Executive Vice President, Chief People Officer of The Estée Lauder Companies. In this role, Michael will focus on driving and expanding the company’s world-class organizational culture, while helping to support the company’s vision and business objectives through people-focused initiatives.
Additionally, efforts are underway to bring in new external talent for Executive roles that will enable the Company to better serve its global consumers in the areas of Technology, Data & Analytics, and in Digital Marketing.
The following members of the Executive Team will continue in their roles:
- Rashida La Lande, who joined the Company in August 2024 as Executive Vice President, General Counsel, will continue to oversee the Company’s legal strategy, practices and policies globally, as well as maintaining responsibility for the Global Privacy Office and Global Security Team.
- As Executive Vice President, Chief Financial Officer, Akhil Shrivastava, who assumed the role in November 2024, will continue to lead the Company’s Global Finance, Accounting, Tax, Treasury, Investor Relations and New Business Development organizations.
- Meridith Webster, Executive Vice President, Global Communications and Public Affairs, will continue to lead the Company’s communications and public affairs strategies, advancing and protecting its business interests and corporate reputation globally.
In summary, Stéphane’s Executive Team will consist of the following leaders:
- Michael Bowes, Executive Vice President, Chief People Officer
- Roberto Canevari, Executive Vice President, Chief Value Chain Officer
-
Amber English, President, Digital & Online, The
Americas -
Joy Fan, President and CEO,
China -
Nadine Graf, President, EMEA,
UK & I, and Emerging Markets - Matthew Growdon, President, APAC and Travel Retail Worldwide
- Carl Haney, Executive Vice President, Global Innovation and Research and Development
- Jane Hertzmark Hudis, Executive Vice President, Chief Brand Officer
- Rashida La Lande, Executive Vice President, General Counsel
- Akhil Shrivastava, Executive Vice President, Chief Financial Officer
-
Tara Simon, President, The
Americas - Meridith Webster, Executive Vice President, Global Communications and Public Affairs
- To be named: Chief Digital Marketing Officer
- To be named: Chief Technology, Data and Analytics Officer
Of the leadership changes, Stéphane remarked, “To achieve our bold Beauty Reimagined goals, we must be organized effectively and efficiently, to make the greatest impact. This mix of internal and external talent will bring together a depth of knowledge across our brands, business and heritage, as well as fresh and innovative insights. This new organizational structure will improve communication, accountability, collaboration, and empowerment at every level of the organization to be more decisive and faster-to-action. I have full trust in the new Executive Team. Their level of collaboration, boldness and accountability is and will be equal to no other. As One Team, I am confident that we will deliver sustainable results to all our stakeholders.”
Cautionary Note Regarding Forward-Looking Statements
Statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include those relating to the vision and plans and expectations for the new leadership organization, as well as those in the various quotations. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, actual results may differ materially from the Company’s expectations. Factors that could cause actual results to differ from expectations include the ability to successfully implement its strategy, including the Company’s profit recovery and growth plan; successfully transition its leadership; and those other factors described in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K. The Company assumes no responsibility to update forward-looking statements made herein or otherwise.
About The Estée Lauder Companies
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The Company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN
ELC-C
ELC-L
NYSE: EL
View source version on businesswire.com: https://www.businesswire.com/news/home/20250204711292/en/
Media Relations:
Jill Marvin
jimarvin@estee.com
Investor Relations:
Rainey Mancini
rmancini@estee.com
Source: The Estée Lauder Companies Inc.
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