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Episode
506
FROM GLOSS TO GLOSSY:
Taking a Good Look at Looking Good!
Featured Guest:
William P. Lauder
President & CEO, The Estée Lauder Companies
William P. Lauder is President and Chief Executive Officer of The Estée
Lauder Companies Inc. The Estée Lauder Companies is recognized as a
global premium consumer goods company by the investment community and is one
of the world's leading manufacturers and marketers of quality skin care, makeup,
fragrance and hair care products, with annual sales of more than $6.5 billion.
Its products are sold in more than 130 markets under 26 well-recognized brand
names.
Mr. Lauder became President and Chief Executive Officer of The Estée
Lauder Companies on July 1, 2004. He was previously Chief Operating Officer
of the Company, and was responsible for the oversight of all of the Company's
Global Operations, including Manufacturing, Research & Development and
Human Resources, as well as Retail Store Operations and all activities for
The Estée Lauder Companies' International business. In addition,
he oversaw nine of the Company's specialty brands, including Bobbi Brown,
Prescriptives and Aveda.
Prior to that, Mr. Lauder was President of Clinique Worldwide and Group President
of The Estée Lauder Companies. In this role, he led the worldwide businesses
of Clinique and Origins, and the Retail Division of the Company, which encompassed
the management of freestanding stores for all brands, including Aveda, Origins
and M•A•C. Additionally, he directed the Company's online
activities on a worldwide basis, including the Gloss.com joint venture with
Chanel and Clarins.
From June 1998 to July 2001, Mr. Lauder was President of Clinique Laboratories.
Under his leadership, Clinique's Dramatically Different Moisturizing
Lotion became the best-selling prestige skin care product in U.S. department
stores, and Clinique launched its first anti-aging product, Stop Signs Visible
Anti-Aging Serum. Mr. Lauder was instrumental in increasing the brand’s
market share in the hair care category, spearheading the launch of the Clinique
Simple Hair Care System. He also supervised the Clinique.com website as a marketing
and brand-enhancing vehicle.
From 1990 to 1998, Mr. Lauder served first as Vice President/General Manager
and later as President of Origins Natural Resources Inc., where he led the
introduction and development of this lifestyle brand. Under his leadership,
Origins created the innovative store-within-a-store concept and achieved the
highest growth rate of prestige cosmetic companies in the U.S.
Mr. Lauder joined The Estée Lauder Companies in 1986 as Regional Marketing
Director of Clinique U.S.A. in the New York Metro area. Mr. Lauder then spent
two years at Prescriptives as Field Sales Manager. Prior to joining The Estée
Lauder Companies, he completed Macy's executive training program in New
York City and was Associate Merchandising Manager of the New York Division/Dallas
store at the time of its opening in September 1985.
Mr. Lauder is a member of the Board of Trustees of The University of Pennsylvania
and the Boards of Directors of the Fresh Air Fund, the 92nd Street Y, Trinity
School, Survivors of the SHOAH Visual History Foundation and the Partnership
for New York City. He is also a member of the Board of The Estée Lauder
Companies Inc. and True Temper Sports Inc. A graduate of the Wharton School
of the University of Pennsylvania, he also studied at the University of Grenoble
in France. An avid golfer, skier, tennis player and hiker, he lives in the
aisle seat of an airplane, while his wife and children reside in New York City.
He is a grandson of Mrs. Estée Lauder, the Company's founder.
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