John Demsey Promoted to Group President, The Estee Lauder Companies.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 -- Daniel J. Brestle, 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. , The Estee Lauder Companies (NYSE NYSE See: New York Stock Exchange : EL) announced today the promotion of John Demsey to Group President, The Estee Lauder Companies. Mr. Demsey, who was previously Global Brand President of Estee Lauder, will continue to oversee the Estee Lauder brand as well as M-A-C Cosmetics, Prescriptives, Sean John Sean John is a clothing line founded by hip-hop mogul Sean Combs A.K.A Diddy,in 1998. The name is taken from Combs' first and middle given names. People representing the brand include Combs himself, rappers T.I. and Tom Ford Beauty and will continue to report to Dan Brestle. "John Demsey is an immensely talented executive with the creativity, business acumen and passion to help bring The Estee Lauder Companies into the future," said 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 , President and Chief Executive Officer, The Estee Lauder Companies. "Given our strategy of building the best brands and having the best people, John is an essential part of the mix." "John has done an extraordinary job of nurturing and growing his portfolio of brands," said Daniel J. Brestle, Chief Operating Officer, The Estee Lauder Companies. "This promotion is a true recognition of a job well done and in addition it gives John the opportunity to participate even more actively in the development of The Estee Lauder Companies." John Demsey began his career in retail, holding various executive positions with Bloomingdale's, Macy's and Saks Fifth Avenue Saks Fifth Avenue is a chain of upscale American department stores that is owned and operated by Saks Fifth Avenue Enterprises (SFAE), a subsidiary of Saks Incorporated. It competes in the elite luxury department store market with Neiman Marcus, Bergdorf Goodman and Barneys New . He then moved into cosmetics as Vice President of Sales at the specialty division of Revlon handling Borghese, Alexandra de Markoff and Lancaster Cosmetics. Mr. Demsey joined The Estee Lauder Companies in 1991 where he held several positions at the Estee Lauder brand including Senior Vice President of Sales and Education for Estee Lauder USA and Canada. He joined M-A-C Cosmetics as Managing Director in 1998 and was named President in 2000, leading the brand through seven years of unparalleled growth and expansion. In January 2005, Mr. Demsey was named Global Brand President for Estee Lauder where he oversaw all aspects of the flagship brand in more than 120 countries and territories, taking the brand to its next phase of growth, image and innovation. Within the following year and a half, Sean John, Tom Ford Beauty and Prescriptives were added to his portfolio of brands while he continues to oversee M-A-C and Estee Lauder. Mr. Demsey serves as Chairman of the M-A-C AIDS Fund and is an active participant in many AIDS-related organizations. For his leadership role in the global fight against HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome he has received numerous awards and tributes. He recently received the "Corporate Achievement Award" from YouthAIDS and the "Award of Excellence" from the Global Health Council. 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 under well-recognized brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Origins, M-A-C, 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. , 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, Jo Malone, Bumble and bumble, Darphin, Michael Kors, Rodan + Fields, American Beauty, Flirt!, Good Skin(TM), Donald Trump the Fragrance, Grassroots, Sean John, Missoni and Daisy Fuentes. An electronic version of this release can be found at the Company's Website, www.elcompanies.com. |
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