Jane Lauder is stepping down from her role as Chief Data Officer and Executive VP at Estée Lauder Companies but will remain on the board. This decision coincides with the upcoming retirement of CEO Fabrizio Freda. Leadership roles are being restructured within the company, emphasizing a critical turnaround strategy.
Jane Lauder has announced her departure from Estée Lauder Companies (ELC), where she has served as Chief Data Officer and Executive Vice President for Enterprise Marketing since July 2020. Despite stepping down from her operational role, she will continue to serve on the board as an active member. This transition follows the recent announcement regarding the retirement of ELC’s long-time President and CEO, Fabrizio Freda, set for next June.
Jane Lauder, a member of the founding Lauder family, has played a pivotal role in shaping the marketing, data, and technology strategies of Estée Lauder Companies. With a career spanning 28 years at ELC, she has contributed significantly to the firm’s evolution, particularly focusing on the integration of artificial intelligence. The forthcoming leadership changes also reflect a broader strategic shift within the company as it seeks to reaffirm its leadership position in the prestige beauty market.
In summary, Jane Lauder’s decision to step down from her executive role at Estée Lauder Companies marks a significant transition for the organization amid ongoing leadership changes. As she shifts her focus to her responsibilities as a board member and shareholder, ELC aims to reclaim its status as the leader in prestige beauty and reinforce shareholder value with new management dynamics.
Original Source: cosmeticsbusiness.com
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