Estée Lauder revamps global brand structure
Estée Lauder Companies has announced the creation of four new
group president positions. Dan Brestle, William Lauder and Patrick
Bousquet-Chavanne have been appointed to these new roles. A fourth
position--that of group president, international--will be announced
at a later date.
Brestle, currently president Estée Lauder (US and Canada), will
lead the high-growth speciality group which includes brands such as
Aveda, Bobbi Brown, Prescriptives and Stila, on a worldwide basis.
Lauder, currently president of Clinique Laboratories, will lead
worldwide efforts in Clinique, Origins, and the company's
rapidly-growing retail division, which includes over 300
freestanding stores for Origins, MAC and Aveda. Additionally,
Lauder will lead the company's on-line activities on a worldwide
basis, including Gloss.com.
Bousquet-Chavanne, who is president Estee Lauder International,
will assume responsibility for global leadership of Estee Lauder,
MAC and the fragrance brands Aramis, Tommy Hilifiger Toiletries,
Donna Karan Cosmetics, and fashion fragrances. The
yet-to-be-announced group president international will collaborate
closely with the other group presidents to integrate all marketing
strategies in the local markets, and lead the activities of the
company's local affiliates, as well as those of the travel-retail
division.
These changes will be effective July 1 but will be rolled out over
the next several months as part of a smooth transition process. The
move reflects the intent to have Estee Lauder Companies' brands
operate globally with a single vision and unified marketing
strategy. The new structure aligns the marketing responsibilities
with the corporate support groups to advance the group's plans to
be the world's leading marketer of prestige skincare, make-up,
fragrance and hair care products.
"We are confident that these changes will extend our competitive
advantage while accelerating growth, improving speed to market and
creating more opportunities to leverage the exceptional talent we
have within the company," commented president and chief executive
officer Fred Langhammer. "By empowering such accomplished
executives as Dan, William and Patrick with greater responsibility,
we will have the strongest team in the industry."
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Estée Lauder revamps global brand structure
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