Get instantaneous alerts when information breaks in your shares. Claim your 1-week free trial to RoadInsider Premium right here.
NEW YORK–(BUSINESS WIRE)–
Today, The Estée Lauder Companies (NYSE: EL) (“ELC”) introduced that Guillaume Jesel has been promoted to President, Global Brands, TOM FORD BEAUTY, BALMAIN BEAUTY and Luxury Business Development, efficient instantly. Guillaume will report to Jane Hertzmark Hudis, Executive Group President and additionally to Tracey T. Travis, Executive Vice President and Chief Financial Officer in her function of overseeing the corporate’s mergers and acquisitions technique, for Guillaume’s Luxury Business Development obligations.
This press launch options multimedia. View the total launch right here: https://www.businesswire.com/information/house/20220926005235/en/Guillaume Jesel has been promoted to President, Global Brands, TOM FORD BEAUTY, BALMAIN BEAUTY and Luxury Business Development (Photo: Business Wire)
In this new place, Guillaume will proceed to oversee TOM FORD BEAUTY and even be accountable for the general strategic path, international growth, administration and progress of BALMAIN BEAUTY. Guillaume will work carefully with the management of BALMAIN to translate its visionary inventive right into a successful luxurious magnificence model globally. In addition to his newly expanded model management obligations, Guillaume will proceed to play a key function in potential acquisitions and funding technique for ELC’s luxurious enterprise growth.
“Guillaume’s distinctive understanding of aspirational luxurious and his robust model technique experience have been instrumental to the success of TOM FORD BEAUTY,” mentioned Ms. Hertzmark Hudis. “This makes him well-positioned to oversee our new luxurious model, BALMAIN BEAUTY.”
With regards to this appointment, Olivier Rousteing, Creative Director of BALMAIN mentioned, “Guillaume is without doubt one of the most inventive and passionate executives that I’ve seen within the business immediately and I do know he’ll assist construct BALMAIN BEAUTY into a world magnificence model for all.”
Guillaume’s elevation to President, Global Brands, acknowledges his super expertise in constructing coveted manufacturers and hero franchises. With TOM FORD BEAUTY for the previous eight years, Guillaume spearheaded iconic innovation and strategically expanded the model’s attain world wide, firmly establishing TOM FORD BEAUTY as a powerhouse in luxurious magnificence. Most lately as Global Brand President since July 2016, Guillaume led the model to obtain robust web gross sales progress on a compound annual foundation and considerably enhance rating in every of worldwide status perfume and make-up. A Global General Manager for TOM FORD BEAUTY, who will report to Guillaume, will likely be introduced at a later date.
Prior to main TOM FORD BEAUTY, Guillaume spent a decade with M·A·C Cosmetics, the place he contributed to propelling the model to the #1 rating in international status make-up. Guillaume additionally served in numerous different senior roles since becoming a member of ELC in 2000, together with Vice President, Global Makeup Marketing, Estée Lauder, and Senior Vice President, Global and North America Marketing, M·A·C Cosmetics. At Estée Lauder, he led a collaboration with Tom Ford to create limited-edition collections that served as a precursor to the standalone TOM FORD BEAUTY.
About The Estée Lauder Companies Inc.
The Estée Lauder Companies (“ELC”) is without doubt one of the world’s main producers, entrepreneurs and sellers of high quality skincare, make-up, perfume and hair care merchandise. The firm’s merchandise are offered in roughly 150 nations and territories below model names together with: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD BEAUTY, Smashbox, Aerin Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, Kilian Paris, Too Faced, Dr.Jart+, and the DECIEM household of manufacturers, together with The Ordinary and NIOD.
About TOM FORD BEAUTY
TOM FORD BEAUTY is a whole assortment of iconic fragrances, sensuous shade, and high-performance pores and skin therapies that empower anybody to amplify their individuality, improve their magnificence, and obtain daring trendy glamour.
About BALMAIN
For greater than ten years, BALMAIN’s Creative Director, Olivier Rousteing, has been inventively constructing upon Pierre Balmain’s extraordinary legacy, whereas all the time remaining true to his personal willpower to design garments that replicate the best way his inclusive, highly effective, and international BALMAIN buyer needs to stay immediately. The result’s a novel and immediately recognizable BALMAIN silhouette, fashion and perspective that highlights the singular craftsmanship of the home’s celebrated ateliers, whereas constantly referencing a wealthy Parisian heritage. For extra data, please go to balmain.com.
ELC-L
ELC-C
View supply model on businesswire.com: https://www.businesswire.com/information/house/20220926005235/en/
News
Investor Relations:
Rainey Mancini
[email protected]
Media Relations:
Jill Marvin
[email protected]
Source: The Estée Lauder Companies Inc.
https://www.streetinsider.com/Business+Wire/Guillaume+Jesel+Promoted+to+President%2C+Global+Brands%2C+TOM+FORD+BEAUTY%2C+BALMAIN+BEAUTY+and+Luxury+Business+Development/20621919.html
