Dan Brestle Named Chief Operating Officer of the Estee Lauder Companies; 2005 to Usher In New Management Roles at the Company.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Estee Lauder Companies (NYSE NYSE See: New York Stock Exchange : EL) announced today that Dan Brestle, currently Group President, will become Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , effective January 1, 2005, a position that was vacated when William P. Lauder William Lauder became President and Chief Executive Officer of The Estée Lauder Companies Inc. on July 1, 2004. The Estée Lauder Companies is recognized as a global premium consumer goods company by the investment community and is one of the world's leading manufacturers and became President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of The Estee Lauder Companies in July 2004. "With over 25 years at The Estee Lauder Companies, Dan has demonstrated his expertise and leadership on many fronts including branding, sales and operations," said William P. Lauder, President and Chief Executive Officer. "Dan has done a superb job of leading businesses and people, and has proven his strength as an exceptional talent developer and a trusted advisor," he continued. In his new role, Dan will call upon his broad experience to integrate branding, operations, marketing and sales responsibility. He will oversee Global Operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. ; Research and Development; Estee Lauder and M--A--C; the specialty brands of Prescriptives, Jo Malone, La Mer and Kate Spade Beauty; and BeautyBank. "I am delighted to be given this enormous opportunity to work so closely with our CEO, William Lauder William Lauder is the name of:
The Company also announced two related moves. Patrick Bousquet-Chavanne, Group President, will focus on important strategic efforts to develop new opportunities across Europe and Asia within the existing distribution channel, as well as alternative channels and product categories. In addition, Patrick will continue to lead the Aramis and Designer Fragrances group while adding responsibilities for Bobbi Brown
Bobbi Brown (born April 14, 1957) is a makeup artist and CEO of Bobbi Brown Cosmetics. Her products are sold in over 400 stores and twenty countries worldwide. , Stila, Darphin, Rodan + Fields and the Fashion and Military Group. "I am pleased that Patrick will devote his extraordinary brand-building talents, his creativity and his incredible drive to capturing these important revenue opportunities," said Mr. Lauder. Philip Shearer, Group President, will continue to lead Clinique, Origins and the Online Division. In addition to his current responsibilities, Philip has been named to strategically and substantially build the prestige hair care businesses, Aveda and Bumble & bumble. "This is an important growth category for The Estee Lauder Companies, and Philip brings enormous depth of knowledge and global experience managing multi-channel organizations," stated Mr. Lauder. "These changes reflect my desire to maximize the value of a highly talented group of individuals by asking them to lead both brands and corporate-wide priorities. In doing so, I believe we will make the best choices for the future of our Company," said Mr. Lauder. All other key functions and departments - International, Finance, Global Communications, Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , Legal, Business Development - are unchanged. The Estee Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company's products are sold in over 130 countries and territories worldwide under well-recognized brand names including Estee Lauder, Aramis, Clinique, Prescriptives, Origins, M--A--C, Bobbi Brown, Tommy Hilfiger Thomas Jacob Hilfiger (born March 24, 1951 in Elmira, New York) is a world-famous American fashion designer and creator of the eponymous "Tommy Hilfiger" and "Tommy" brands. Biography Hilfiger was born March 24, 1951 and raised in Elmira, New York. , La Mer, Donna Karan, Aveda, Stila, Jo Malone, Bumble & bumble, Kate Spade Beauty, Darphin, Michael Kors, Rodan + Fields, American Beauty, Flirt!, Good Skin(TM) and Donald Trump The Fragrance. An electronic version of this release can be found at the Company's Website, www.elcompanies.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion