The Est�e Lauder Companies Appoints Lahnie Strange to Senior Vice President, Global General Manager, Bobbi Brown Cosmetics
NEW YORK – WEBWIRE – Friday, March 3, 2023
Today, The Este Lauder Companies (NYSE:EL) announced the appointment of Lahnie Strange to Senior Vice President, Global General Manager, Bobbi Brown, beginning February 1, 2023. Lahnie will report to Sandra Main, President, Global Brands, La Mer and Bobbi Brown and join the companys Extended Executive Leadership Team.
Having previously spent nearly six years in marketing leadership roles at Bobbi Brown Cosmetics, Lahnie returns to the brand where she will leverage her deep understanding of our artistry-led brand to continue driving growth across winning consumer segments, channels and markets, said Sandra.
Well-recognized as a brand-builder, Lahnie will further elevate Bobbi Browns aspirational and luxury positioning, deepen the brands approach to artist-led teaching, dial up its New York roots and continue to inspire teams worldwide to empower all women to own their natural beauty. Working closely with Sandra, Lahnie will lead the global brand strategy and new product and commercial innovation, building and expanding upon hero products, like Vitamin Enriched Face Base and Intensive Serum Foundation, to further fuel their momentum.
Lahnie joins from Este Lauder where most recently she held the role of SVP/GM, Este Lauder and AERIN Beauty, North America. Under Lahnies leadership, Este Lauder North America evolved its business with tailored, field-driven, locally-relevant marketing strategies, and realized new growth opportunities through expanded consumer reach at key retailers.
Previously, Lahnie held the role of SVP, Global Marketing and Product Development, Este Lauder overseeing product and commercial innovation for makeup, including the brands coveted Double Wear franchise. Lahnies leadership led to the development of new engines of growth for Este Lauder across products, forms, and finishes in key subcategories. Lahnie first joined the company in 2005 and held marketing roles of increasing responsibility at Clinique both globally and in North America. In 2010, she transitioned to the Global Marketing team for Bobbi Brown Cosmetics where she worked for nearly six years, eventually assuming the role of SVP, Global Marketing, Product, Consumer, Digital.
Sandra continued, Lahnies prior experience at Bobbi Brown Cosmetics, collaborative approach to business, dedication to brand-building, and deep expertise in makeup and skincare make her ideally suited to lead the brand into its next chapter of growth.
About The Este Lauder Companies Inc.
The Este Lauder Companies Inc. is one of the worlds leading manufacturers, marketers and sellers of quality skin care, makeup, fragrance and hair care products. The Companys products are sold in approximately 150 countries and territories under brand names including: Este Lauder, Aramis, Clinique, Lab Series, Origins, MAC, La Mer, Bobbi Brown, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD BEAUTY, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frdric Malle, GLAMGLOW, KILIANPARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.
About Bobbi Brown Cosmetics
Founded by a New York makeup artist in 1991, Bobbi Brown Cosmetics helped change the face of beauty with a natural approach to makeup that rallied everyone to not only be who they arebut own how they look. Everything starts with skin for a fresh, healthy-looking glow and builds from there with multitasking products, easy how tos, and undertone-correct shades that look like your skin, only betterbeauty for every real-life moment. Today, Bobbi Brown engages with women in over 70 countries and territories around the world and at dozens of touch points from in-store to digital.
NEW YORK, NY – WEBWIRE – Wednesday, November 2, 2022 Today, The Estée Lauder Companies Inc. (ELC) released its Fiscal Year 2022 Social Impact and Sustainability Report (SI&S Report), which outlines progress made toward the companys social impact and sustainability goals.
At The Estée Lauder Companies, were striving to embed social impact and sustainability into our business for decades to come, said Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies. Were pursuing thoughtful strategies to meet our social impact and sustainability goals and commitments, which complement our efforts to make our company more equitable and resilient for the future.
For more than 75 years, The Estée Lauder Companies has been dedicated to positively impacting our global and local communities, said William P. Lauder, Executive Chairman, The Estée Lauder Companies. We are proud to showcase the strides weve made over the last fiscal year, which reaffirm our commitment to driving long-term impact across social impact and sustainability for our stakeholders around the world.
ELCs social impact and sustainability efforts are focused on areas where it believes it can deliver meaningful results for the business and a diverse set of stakeholders. These areas of focus include climate, packaging, sourcing, green chemistry and ingredient transparency, womens advancement, racial equity, and social impact.
Key highlights include:
Weve hit important milestones over the past fiscal year, including in our climate, packaging, ingredient transparency, racial equity, and gender equality efforts, but we know there is more work ahead of us, said Nancy Mahon, Senior Vice President, Global Corporate Citizenship and Sustainability, The Estée Lauder Companies. Well continue to raise our ambitions to help address global challenges facing our employees, consumers, suppliers, peers, and continue to push the limits of what we can achieve in the years ahead.
Download and read Fiscal 2022 Social Impact & Sustainability Report on ELCompanies.com
1Reduction is from a fiscal 2019 baseline of 1.5 million cubic meters water withdrawal at ELC operated manufacturing sites. Excludes brands acquired by ELC during or after fiscal 2020 and any manufacturing sites that are not fully operational within the target timeline.
2Excludes palm-based ingredients not directly procured by ELC, such as those procured by Third-Party Manufacturers (TPMs) and certain acquired brands not yet fully integrated into the relevant ELC systems.
3For purposes of this metric the number of brands is 23, and for purposes of this goal, social causes supported by DECIEM are attributed to the DECIEM brands (The Ordinary and NIOD).
About The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the worlds leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products. The companys products are sold in approximately 150 countries and territories under brand names including: 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 family of brands, including The Ordinary and NIOD.
CAUTIONARY NOTE
This press release and the related Social Impact and Sustainability Report (the report) contains information about our social impact and sustainability goals, targets, initiatives, commitments, and activities. These efforts involve certain risks and uncertainties, such as changes in our business (e.g., acquisitions, divestitures, or new manufacturing or distribution locations), the standards by which achievement is measured, the assumptions underlying a particular goal, and our ability to accurately report particular information. Certain highlights in this press release are subject to qualifications which are noted in the report. This press release and the report include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our social impact and sustainability goals, targets, initiatives, commitments, and activities, as well as our future operations and long-term strategy. Although we believe that our expectations are based on reasonable assumptions within the bounds of our knowledge of our business and operations, we cannot assure that actual results or outcomes will not differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Forward-looking statements include all statements that do not relate solely to historical or current facts and involve a number of known and unknown risks, uncertainties, and other important factors such as those described in the report and in our recent SEC filings including in Item 1A. Risk Factors and Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the fiscal year ended June 30, 2022 and in our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. We assume no responsibility to update the information contained in this press release or the report or to continue to disclose any information.
WEBWIRE – Saturday, May 7, 2022 Today, The Estée Lauder Companies (ELC) announced the following updates to the Too Faced leadership team:
Tara has been a fantastic leader at Too Faced since she joined the brand two years ago, and I know that she will continue to leverage her brand building expertise to drive an emotional connection with consumers through inspiring products and unique experiences. I am confident that under Taras leadership, Too Faced is well-positioned for its next phase of growth, said Fabrizio Freda. And we are so grateful for Jerrod and Jeremys outstanding work over the last six incredible years spent as part of the ELC family.
Please read additional details below.
Tara Simon Promoted to Global Brand President, Too Faced
Taras promotion to Global Brand President recognizes her exceptional leadership in creating a global strategic framework to take Too Faced into the future while executing a winning strategy today. Known for her collaborative, inclusive leadership style and strong business acumen within the areas of consumer-focused brand development and management, sales and marketing, merchandising and emerging brands, Tara has returned the brand to sales growth during a global pandemic. In the two years since Tara joined the brand, Too Faced has maintained its first mover status, successfully launching in new channels of distribution in North America, including at ULTA Beauty at Target, where it ranks among the top four brands in sales since opening and in Sephora at Kohls, where it is the number two ranked brand according to sales since opening. Within the Too Faced organization, Tara has focused on driving team development, engagement and, together with Jerrod and Jeremy, has continued to build the brands unique culture and vision.
In her elevated role as Global Brand President, Tara will continue enabling her team to capture and realize fast-growing opportunities for the brand, while further contributing to the companys category strategy for makeup.
Prior to joining Too Faced and ELC as Senior Vice President/General Manager, Too Faced, in 2020, Tara built an incredible career with ULTA Beauty, where she most recently served as Senior Vice President of Merchandising, Prestige Beauty.
Jerrod Blandino and Jeremy Johnson, Co-Founders, Too Faced Cosmetics, to Depart Brand
Twenty-four years after founding the iconic Too Faced brand, and after six years as part of The Estée Lauder Companies family, Jerrod Blandino and Jeremy Johnson will depart the brand and company effective June 30, 2022 to pursue other opportunities. As visionary creatives and entrepreneurs, Jerrod and Jeremy are looking forward to the next phase of their journey, as they will continue to leverage the founder spirit that has driven the success of all their endeavors.
Jerrod and Jeremy began their careers behind the counter of the Estée Lauder brand, where they quickly discovered the transformative power of makeup. Their unique artistry experience combined with their powerful entrepreneurial spirit inspired them to create a brand that celebrates individuality and sparks joy. Today, Too Faced remains driven by this same vision, and is recognized as one of the most dynamic makeup brands in the world delivering products that inspire playfulness and purpose, fueled by a culture of innovation, creativity, and fun.
Jerrod and Jeremy started the brand with a simple, yet compelling creative concept, and transformed it into something that is truly extraordinary, said William P. Lauder, Executive Chairman, ELC. We look forward to seeing where the next phase of their journey takes them and wish them all the best as they set out on new adventures.
WEBWIRE – Wednesday, January 26, 2022 The Estée Lauder Companies (ELC) is proud to announce that it has been named to the 2022 Bloomberg Gender-Equality Index (GEI) for the fifth year in a row. ELC continues to improve its index score, underscoring the companys fundamental values of respect and inclusion, and its collective commitment to driving action and advocacy both at ELC and across industries.
The Estée Lauder Companies is one of 418 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index, a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting. This reference index measures gender equality across five pillars: female leadership and talent pipeline; equal pay and gender pay parity; inclusive culture; anti-sexual harassment policies; and pro-women brand.
We are honored to be included in the Bloomberg Gender-Equality Index in recognition of our leadership in womens advancement. At ELC, we firmly believe it is our responsibility and our privilege to use our resources and platform to expand gender equality and equity around the world, said Sara E. Moss, Vice Chairman, The Estée Lauder Companies. As a company founded by a woman, with a global workforce of 82% women and over 55% of women at leadership levels, we are committed to collectively and transparently advancing the conversation, to continue to progress and take actions to achieve gender equality.
The Estée Lauder Companies submitted a social survey created by Bloomberg, in collaboration with subject matter experts globally. Those included on this years index scored at or above a global threshold established by Bloomberg to reflect disclosure and the achievement or adoption of best-in-class statistics and policies.
Both the survey and the GEI are voluntary and have no associated costs. Bloomberg collected this data for reference purposes only. The index is not ranked.
This announcement follows similar recognition of ELCs commitments by numerous organizations, including: Glassdoors 2022 List of Best Places to Work, Forbes 2021 Americas Best Employers for Diversity, and 100 Best Companies by Seramount in 2021.
About the Bloomberg Gender-Equality Index
The Bloomberg Gender-Equality Index (GEI) and the Bloomberg Gender Reporting Framework provide a unique opportunity for companies to assess their progress towards parity, benchmark against peers and highlight their commitment to gender equality. Bloomberg includes publicly traded companies on the GEI if they meet the universe criteria and have a GEI score above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across five dimensions: female leadership & talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies and pro-women brand. The Bloomberg gender reporting framework is voluntary and has no associated costs. The GEI is a reference index. Learn more by visiting, https://www.bloomberg.com/gei.
The Estée Lauder Companies (ELC) was recognized by global environmental non-profit CDP as a leader on corporate climate action by once again achieving the highest score of A for its climate change disclosure. ELC was scored alongside nearly 12,000 companies that disclosed their environmental impact, joining the top 200 high-performing companies on the A List.
ELC is proud to have achieved a place on the prestigious CDP Climate A List for the second consecutive year. The companys consistently strong performance reflects its deep commitment to climate action and to the highest level of transparency around its environmental impact.
ELC maintained its high score in the CDP Climate disclosure by continuing its strong track record of taking decisive action to address climate change. After achieving Net Zero emissions and 100% renewable electricity across its direct operations in 2020, the company set ambitious Science-Based Targets to further reduce emissions across the supply chain.
At ELC, our climate action efforts are one part of our broader ESG strategy to deliver meaningful impact across the value chain and contribute to a stable climate, said Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies. Looking ahead, we will continue to leverage the strengths of our business to address the challenges facing the communities where we live and work from environmental issues, to racial and gender inequity, to public health. We are honored to once again be recognized in CDPs Climate A List and are thankful to our dedicated teams who continue to drive our global sustainability and social impact efforts every day.
In addition to maintaining and expanding climate efforts in 2021, ELC also took targeted actions to address water stewardship and deforestation, as reflected in its CDP Water and Forests disclosure scores.
ELC was awarded an A- score for its water disclosure due to expanded water stewardship initiatives across the business in 2021. These efforts included strengthening water accounting methodologies, improving water-related risk responses, developing an internal water stewardship statement to guide best practices, as well as completion of Watershed Source Vulnerability Assessments to mitigate regional water risks.
ELC also earned A- scores for its CDP Forests Palm Oil and Timber responses. With palm oil a key focus area for both ELC and its stakeholders, the company increased the level of traceability for this ingredient, strengthened its forests-related risk responses, and released a Palm Oil Action Plan to address palm-based ingredients (palm oil and its derivatives).
Paul Simpson, CEO of CDP, said: Many congratulations to all the companies on this years A List. Taking the lead on environmental transparency and action is one of the most important steps businesses can make, even more so in the year of COP26 and the IPCCs Sixth Assessment Report. The scale of the risk to businesses from climate change, water insecurity and deforestation can no longer be ignored, and we know the opportunities of action far outweigh the risks of inaction. Leadership from the private sector is essential for securing global ambitions for a net-zero, nature positive and equitable world. Our A List celebrates those companies who are preparing themselves to excel in the economy of the future by taking action today.
CDP is a leading framework for disclosing climate-related information to the public. ELC has submitted written responses to the CDP Climate Change questionnaire for over ten years, providing information about the companys impact on climate change.
For more information on ELCs commitments and targets on climate, visit the companys fiscal year 2021 Social Impact & Sustainability Report.
To view the full list of companies that made this years CDP A List, along with all other public company scores, visit https://www.cdp.net/en.
The Est�e Lauder Companies Releases Fiscal 2022 Social Impact and Sustainability Report
Report highlights advancements made over the past fiscal year toward the companys social impact and sustainability strategy, programs, and goals
The Estée Lauder Companies Announces Leadership Updates for Too Faced
The Estée Lauder Companies Named to 2022 Bloomberg Gender-Equality Index
ELC named to Bloomberg Gender-Equality Index (GEI) for the fifth consecutive year
The Estée Lauder Companies Recognized in CDP’s 2021 Climate A List