This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The Estée Lauder Companies Expands Leadership Roles For Jane Lauder And Peter Lichtenthal

Executive Chairman William P. Lauder and President and Chief Executive Officer Fabrizio Freda of The Estée Lauder Companies Inc. (NYSE:EL) today announced that Jane Lauder and Peter Lichtenthal will each assume additional responsibilities as part of the Company’s strategic organizational redesign announced on Thursday, November 15, 2012. The continuing organizational evolution reflects a move to keep pace with the Company’s outstanding global growth since 2009. These appointments become effective January 1, 2013.

Fabrizio Freda stated, “We are a dynamic organization, evolving as the skills of our Company grow. Jane and Peter are exceptional global brand leaders who consistently maximize opportunities across regions and channels to deliver outstanding results. The additional responsibilities we are announcing for our leaders celebrate their strengths and, at the same time, provide them growth opportunities that make our business exciting.”

Jane Lauder, Global President and General Manager of the Origins and Ojon brands, will now add Darphin to her brand leadership responsibilities. This evolution recognizes both her strategic and operational strengths, as well as Ms. Lauder’s proven track record in developing certain of the Company’s turnaround brands. Ms. Lauder will continue to report to Lynne Greene, who takes on her new role as Group President of Clinique, Origins, Ojon, Aveda and Darphin on January 1, 2013. Ms. Greene will remain President of the Clinique brand.

“Jane is intelligent, focused, tenacious and determined to lead her teams to success. She has done a brilliant job with her brands, especially with Origins around the world. We are proud she will take on this new responsibility,” said Lynne Greene.

Recognizing his achievements as President of trend-setting professional hair care brand Bumble and bumble, and his previous experience in senior marketing roles within the Estée Lauder brand and M.A.C Cosmetics, Peter Lichtenthal will now also oversee Smashbox. At Smashbox, Mr. Lichtenthal will drive integration, further linking the brand with the Company’s global marketing and commercial capabilities. Mr. Lichtenthal will now report to John Demsey, Group President of Estée Lauder, M•A•C, Tom Ford Beauty, Prescriptives, Bobbi Brown, La Mer, Jo Malone and Smashbox. Mr. Demsey will add Bumble and bumble to his responsibilities on January 1, 2013.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,912.11 -70.48 -0.42%
S&P 500 1,969.95 -8.96 -0.45%
NASDAQ 4,442.6980 -2.2110 -0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs