The Estée Lauder Companies is reshaping its leadership and operating model. This is as it works to restore growth and sharpen its focus on consumers.
They are unveiling a new global organizational structure and executive team under President and CEO Stéphane de La Faverie . A new “Beauty Reimagined” structure Under the company’s “ Beauty Reimagined ” vision and action plan, Estée Lauder is redesigning its organization to become “the best consumer-centric prestige beauty company in the world.
return to stronger sales growth and profitability. The plan centers on a flatter, leaner structure and simplified operations.
Thus, the business can react faster to trends, make decisions more quickly, and better serve regional consumer needs. To support this, the company is consolidating its operations into four geographic clusters, aiming to unlock greater synergies, reduce duplication, and speed up locally relevant innovation. New executive team to drive the plan Alongside the structural changes, de La Faverie said , “Earlier today, I announced Beauty Reimagined, our bold strategic vision for the future of our incredible Company.
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 organisation and simplified operations across the business to better serve our consumers." He also announced a refreshed executive team combining elevated internal talent and new external hires.
They all report directly to him. On the brand side, Jane Hertzmark Hudis will take on the new title of Executive Vice President , Chief Brand Officer . She is leading the company’s portfolio and focusing on core…
