×
430
Fashion Jobs
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Gujrat)
Permanent · Ahmedabad
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/Jharkhand
Permanent · Lohardaga
CIEL HR SERVICES PVT LTD
Mechanical Maintenance Manager
Permanent · Coimbatore
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Gujrat)
Permanent · Gandhinagar
EARTH BUDDY
Area Sales Manager
Permanent · Gurugram
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (mp)
Permanent · Bhind
ALUDECOR LAMINATION PVT LTD
Area Sales Manager-Agra
Permanent · Agra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager(Haryana)
Permanent · Sonipat
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Rajasthan)
Permanent · Karauli
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Punjab)
Permanent · Batala
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Himachal) All District
Permanent · Dalhousie
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Uttar Pradesh)
Permanent · Sitapur
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Hojai
Permanent · Hojai
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Haryana)
Permanent · Kurukshetra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Haryana)
Permanent · Rewari
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Uttarakhand)
Permanent · Uttarkashi
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (mp)
Permanent · Morena
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Punjab)
Permanent · Tarn Taran Sahib
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager/up
Permanent · Kushinagar
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (mp)
Permanent · Datia
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sale Manager(Punjab)
Permanent · Nawanshahr
NOVATEURS ELECTRICAL AND DIGITAL SYSTEMS PRIVATE L
Area Manager-Retail
Permanent · Ahmedabad
By
AFP
Published
Nov 9, 2007
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Estee Lauder heir paves way for new boss from P&G

By
AFP
Published
Nov 9, 2007

WASHINGTON, Nov 9, 2007 (AFP) - US beauty products group Estee Lauder said Friday, November 9th it has recruited a Procter & Gamble executive for top positions that put him in line to succeed William Lauder as chief executive.

Fabrizio Freda, a 23-year veteran of P&G, a consumer goods and food group, was named president and chief operating officer of The Estee Lauder Companies Inc., effective March 3.

With the move, chief executive William Lauder "has created a succession plan that anticipates Freda becoming chief executive officer within 24 months," the company said in a statement.

Freda was until recently president of the Global Snacks division at the Procter & Gamble Company.

The nomination of the top-level P&G executive fueled speculation that Estee Lauder could be a takeover target for the global maker of products such as laundry detergents, prescription drugs and disposable diapers.

P&G has expressed interest in developing a niche in the lucrative luxury cosmetics sector.

Shares in Estee Lauder rallied on the appointment news, up 8.35 percent at 44.51 percent at 1640 GMT and bucking a sharply lower market.

William Lauder, the grandson of the company's founder Estee Lauder, has headed the family business since 2004 under the watchful eye of his father, Leonard Lauder, 74, who chairs the board of directors.

The Lauder family owns a 46 percent stake in the company founded in 1946 by Estee Lauder, who died three years ago, and a large majority of the voting rights.

Quoted in Friday's edition of The Wall Street Journal, William Lauder insisted the Lauder family wants to maintain ownership of the company.

"Our family is committed to this company and we think the interests of this company are best-served by being an independent company focused on the prestige beauty business," he told the newspaper.

The company's brands include Estee Lauder, Aramis, Tom Ford Beauty, Clinique, Prescriptives and Origins.

Copyright © 2021 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.