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MarketScreener Homepage  >  Equities  >  Nyse  >  The Estée Lauder Companies Inc.    EL

THE ESTÉE LAUDER COMPANIES INC.

(EL)
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Estee Lauder : Julie Van Ongevalle to Step Down as Global Brand President, Origins

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05/29/2020 | 11:12am EDT

Julie Van Ongevalle will be stepping down as Global Brand President, Origins, and leaving The Estee Lauder Companies, effective July 17, 2020, to become Executive Vice President, Head of Consumer Healthcare at Sanofi, a global biopharmaceutical company. Her new role is based in Paris, France, and she will relocate there with her family to start her new role in September. A successor for Julie's role will be announced at a later date.

Julie has built a fantastic career at The Estee Lauder Companies, having held leadership roles of increasing responsibility across brands and regions since she joined the company more than 15 years ago as Marketing Director, Clinique, Benelux. Notably, she held several senior positions at M*A*C, including Senior Vice President, General Manager, M*A*C, North America, and Vice President and General Manager, M*A*C, EMEA. While in EMEA, she cultivated strong retailer relationships, established long-term distribution strategies, strengthened regional and field structures, and enhanced consumer engagement, contributing to the growth of M*A*C's share in the region. She also spearheaded M*A*C's entry into new emerging markets in sub-Saharan Africa and Eastern Europe.

In her most recent role at the helm of Origins, Julie focused on the brand's high-performance natural positioning and hero product assortment to accelerate fast growing channels, and modernized the brand's digital communications to engage a new generation of millennial and Gen Z consumers, resulting in double-digit growth globally.

She also served as Co-Lead of the Enterprise Sustainability Transformation Pillar, where she was responsible for driving our company's commitments and strategic ambitions to be a leader in the areas of Citizenship & Sustainability.

Julie is a highly talented leader and brand builder, and her keen understanding of consumers, channels and market dynamics will serve her well in her new position. The Estee Lauder Companies thanks her for her terrific contributions to the company.

About The Estee Lauder Companies Inc.

The Estee Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The company's products are sold in approximately 150 countries and territories under brand names including: Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M*A*C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA, Too Faced and Dr. Jart+

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(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2020 14 322 M - -
Net income 2020 1 020 M - -
Net Debt 2020 1 254 M - -
P/E ratio 2020 66,4x
Yield 2020 0,76%
Capitalization 68 288 M 68 288 M -
EV / Sales 2019
EV / Sales 2020 4,86x
Nbr of Employees 48 000
Free-Float 36,8%
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Technical analysis trends THE ESTÉE LAUDER COMPANIES
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 194,63 $
Last Close Price 189,69 $
Spread / Highest target 26,5%
Spread / Average Target 2,60%
Spread / Lowest Target -25,7%
EPS Revisions
Managers
NameTitle
Fabrizio Freda President, Chief Executive Officer & Director
John D. Demsey Executive Group President
Jane Hertzmark Hudis Executive Group President
Stéphane de la Faverie Group President
William Philip Lauder Executive Chairman
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