We delivered excellent performance across sub-categories, due to strong repeat purchase rates, data and analytics-driven marketing, new social selling strategies developed during COVID-19, and product innovations that consumers love. His name is Fabrizio Freda and he is the CEO of Estee Lauder. As consumer behavior continues to quickly evolve during this time, we are harnessing more data than ever before and leveraging our analytics to generate actionable intelligence to help deliver value at both the brand and enterprise level, now and in the future. Despite the ongoing challenges of the current environment, we remain steadfast in delivering progress against our citizenship and sustainability strategy, goals and targets. Our 10-year Compass, which serves as a high-level, directional roadmap, is updated every few years using cutting-edge research, data and analytics to reflect the most promising growth areas in prestige beauty across geographies, channels, categories and consumers, as well as shifts in global economic, demographic and social trends. Fabrizio Freda, President & CEO, Director at The Estée Lauder Companies (EL), has a 0.0% success rate when buying and selling stocks. We are deeply inspired by our employees’ resilience, creativity and spirit, and forever grateful for the countless ways they are making our company, and our world, a better place. Our non-GAAP financial measures may not be comparable to similarly titled measures used by, or determined in a manner consistent with, other companies. We continue to believe that strong consumer demand for our high-quality products remains, despite the ongoing challenges and disruptions related to the global pandemic. By continuing to use this site, you are agreeing to this. They have truly exemplified our belief in “Leadership from Every Chair.”. He joined the company in March 2008 as President and Chief Operating Officer. Under Estée Lauder chief Fabrizio Freda, one of our 2019 World’s Best CEOs, the company has conquered new markets and pumped up growth. The Estée Lauder Companies CEO Fabrizio Freda. Mainland China performed exceptionally in fiscal 2020, with sales rising by strong double-digits. Most recently he exercised 117,239 units of EL stock worth $7,891,357 on 11 November 2020.. Our investments for both near-term recovery and long-term growth fuel our momentum and position us well for the future. This information is according to proxy statements … Same platform but with new and improved features. In this role, he is responsible for developing and achieving the Company’s overall vision, strategy, financial objectives and investment priorities. Fiscal 2020 marked the 27th Anniversary of our Breast Cancer Campaign, which has raised more than $89 million globally for lifesaving research, education and medical services. The category also benefited from the acquisition of Dr. Jart+, which was both the largest acquisition in the company’s history and our first of an Asia-based beauty brand. Mr. Freda attended University of Naples Federico II and holds a degree in Economics and Business Administration. We have always prided ourselves on being a learning organization, and we are committed to continuously investing in and developing our talent. Despite extensive temporary store closures worldwide in the second half of the year, sales fell only 20 percent and we remained profitable, as we quickly and effectively pivoted to Online to capture consumption and adjusted our cost structure. Fabrizio Freda is President and Chief Executive Officer of The Estée Lauder Companies, the global leader in prestige beauty. Estee Lauder saw its online business grow double digits last quarter during the coronavirus pandemic, CEO Fabrizio Freda told CNBC's Jim Cramer after the company reported its … Currently, our vibrant Online business, broad exposure in Asia/Pacific (APAC) and robust Skin Care portfolio are the engines driving our growth. In April, we convened a Medical Advisory Board of leading physicians and health professionals, to partner closely with our internal Health and Safety Team and company leaders to guide appropriate health, wellness and safety policies and protocols for our business moving forward. Advanced Night Repair Synchronized Multi-Recovery Complex, Find out more about how we use cookies and how to manage your settings, Listening and learning, to foster a stronger internal culture of advocacy and inclusion, Focusing on talent and opportunity, to ensure that we are providing more equitable access to professional development and advancement, Investing for change through a three-year $10 million pledge from the company, its foundation, employee matching gifts and the Lauder family to support non-profits and other organizations. For this reason, in June 2020 we announced a comprehensive set of commitments to act with urgency on achieving racial equity, including: Since announcing our commitments, we have held numerous town halls with our employees, begun to identify gaps in our professional development and advancement opportunities for our existing Black talent, and continued to review products for cultural sensitivity and local relevancy, among other actions. Brand.com, brand boutiques on platforms such as Tmall and retailer.com sites each contributed meaningfully to our results. Over the last few months of fiscal 2020, the company, its charitable foundation, the Lauder family and our employees made donations and pledges to organizations around the world to help limit the spread of COVID-19 and ease the related hardships faced by the communities in which we live and work. Korea and other markets in the region also grew for the year, driving prestige beauty share gains. For Fabrizio Freda, whose familiarity ensured his spot in the top ten for the second year in … We delivered superior sales growth in APAC in fiscal 2020, with every category in the region expanding, led by accelerating growth in Skin Care. Our people are our greatest, and most valuable, strength. Our company’s achievements are driven by our talented and diverse global community of employees, and our values of respect for the individual, inclusion and equality. During fiscal 2021, we look forward to continuing to engage with consumers on this topic. In this role, Mr. Freda was a key architect of the Company’s long-term strategic plan, which is focused on gaining market share in the global prestige beauty industry and generating sustainable, profitable growth. By Molly Prior and Pete Born on May 8, 2009 Mr. Freda is a member of the Company’s Board of Directors. In this new position, Jane is leading our company-wide strategy to build our data-empowered, digitally-directed priorities to accelerate growth, while driving breakthrough brand marketing and creative by optimizing our vast and valuable data and integrating our analytic capabilities. Consumers are actively exploring sub-categories and expanding their regimens, finding peace of mind in the ritual of routine. He’s of Italian descent. Our Online business surged worldwide in fiscal 2020, delivering nearly triple-digit organic sales growth in the fourth quarter, which is a testament to the capabilities and scale we have built. We have long recognized the growth prospects of Online, which has been a key area of focus and investment for our company for over two decades. It also calls for greater integration across the Company’s brands, regions and functions to create cost efficiencies and leverage scale. In addition, please refer to our reports with the SEC, click here, including our Form 10-K for fiscal 2020, where you’ll find factors that could cause actual results to differ materially from these forward-looking statements. During that time he led the launch and expansion of the Pantene hair care brand in several European countries. For us, Transformation has become part of our DNA: an integrated capability that is key to our continued momentum. Find out more about how we use cookies and how to manage your settings. During fiscal 2020, our Transformation capability generated significant results across our business, enabling us to build on growth opportunities across categories, geographies, channels and consumer segments with agility and speed. We use cookies to ensure our website works properly, and to collect statistics to provide you with the best experience. We are committed to doing more as allies at our company and in our communities, and I encourage you to read more about our specific actions and progress here. Why … Since assuming the CEO position in July As much as the world has changed in the past year, so much of what makes The Estée Lauder Companies exceptional has remained true. Fabrizio Freda: Leading for the Long-Term For Estée Lauder ceo Fabrizio Freda, total transparency has been the key to achieving stability in times … Executive Vice President, Enterprise Marketing and Chief Data Officer, Senior Vice President, Global General Manager, Clinique, Executive Vice President and General Counsel, The Autonomous Vehicle Ecosystem Landscape. Mr. Freda is a member of the Company’s Board of Directors. Certain statements in the Fiscal 2020 Year-in-Review materials may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Now more than ever, the importance and urgency of this work is clear for our business, our communities and our planet. Fabrizio Freda, President and Chief Executive Officer, reviewed recent financial results and the Company’s long-term strategy. Cautionary Note Regarding Forward-Looking Statements. While we consider the non-GAAP measures useful in analyzing our results, they are not intended to replace, or act as a substitute for, any presentation included in the consolidated financial statements prepared in conformity with U.S. GAAP. He had joined the company in March 2008, when he was appointed President and Chief Operating Officer. For all of these reasons and more, we look forward to a bright and beautiful future. If you hadn’t already guessed his heritage by his name, you now know that he was born in Naples during the 1950s. And this is just the beginning: We have many strategic initiatives underway to further unlock the potential of this important channel. Mr. Freda joined The Estée Lauder Companies in March 2008 when he was appointed President and Chief Operating Officer. As President and Chief Executive Officer at ESTEE LAUDER COMPANIES INC, Fabrizio Freda made $17,650,495 in total compensation. We remain focused on leading with sensitivity and care as we support our employees, recognizing that our regions are at different stages of the pandemic. Fabrizio Freda is President and Chief Executive Officer, The Estée Lauder Companies, the global leader in prestige beauty. In 2015, Mr. Freda was awarded Italy’s prestigious Cavaliere del Lavoro by President Sergio Mattarella. In them, we enjoy both strong and growing prestige beauty share and profitability. Nearly 10,000 employees participate in learning opportunities offered each year, including development and training programs, and even more have access to resources and education platforms that enhance their knowledge and experience. The vast majority of Estée Lauder's digital marketing budget is now being siphoned towards influencers, according to president and chief executive Fabrizio Freda.. Fabrizio Freda, chief executive of Estée Lauder, grew up in Naples, though his business inspiration comes from an Italian born in Florence: Niccolò Machiavelli.. We are driven by our “run to win today, transform to lead tomorrow” mindset, which motivates us to be the best we can be every day, and to continually reimagine our company’s future. Thank you for your continued support. Our targeted investments help us reach more consumers who are spending increasingly more time on our sites, resulting in incredibly strong conversion rates. Fortunately, he had a plan to get the company moving forwards again. Fabrizio Freda Popularity Most Popular #195870 The Estée Lauder Companies' Message from Fabrizio Freda. Fabrizio Freda is President and Chief Executive Officer of The Estée Lauder Companies, the global leader in prestige beauty. On today's call are Fabrizio Freda, President and Chief Executive Officer; and Tracey Travis, Executive Vice President and Chief Financial Officer. Fabrizio Freda is President and Chief Executive Officer, The Estée Lauder Companies, a position he assumed on July 1, 2009. At the same time, important social and racial justice movements are having a meaningful impact across the globe, and we are deeply committed to doing more to facilitate a culture of equity, inclusion and belonging within our company and our communities. A Message from Fabrizio Freda, President and CEO. In the second half of fiscal 2020, as the COVID-19 pandemic took hold, we shifted focus to navigate with agility through a time of unprecedented complexity and change. We remain focused on the safety and well-being of our employees, their families and our consumers as this pandemic continues to have an impact in both the short and long term. As Online has quickly grown, we are moving to more aggressively adjust our brick-and-mortar footprint and more closely align with how and where the consumer wants to shop. As consumer adoption of Online accelerates, so have our investments in High-Touch services on our brand sites, such as live chat capability with video, enhanced virtual try-on, livestreaming and more. And we thank you for joining us on this exciting journey, together. We proudly recognize these attributes as core to our strength, while acknowledging that we can and will do more. Fabrizio Freda, president and CEO of The Estée Lauder Companies, discussed the challenges of leading a global cosmetics brand during an event hosted by the Georgetown Retail & Luxury Association (GRLA) and the Global Business Initiative (GBI) at Georgetown’s McDonough … The Estée Lauder Companies Inc. (NYSE:EL) Q1 2021 Earnings Conference Call November 02, 2020 09:30 AM ET Company Participants Rainey Mancini - SVP, IR Fabrizio Freda - … On this topic, & memberships conversion rates to be encouraging finding peace of mind in the Health and Care. Driving prestige beauty share and profitability our company, our communities and planet... Company founded by renowned business woman and cosmetics mogul fabrizio freda estée Lauder Cos stock since,! Gradually resumed, which partially offset the decline of travel Retail globally was impacted by the pandemic! Man, but rest assured, they are all worth knowing taken to position company! Our global and local efforts in fiscal 2021, we are optimistic about the future record in consumer! Reviewed recent financial results and the company in March 2008 as President and Chief Operating.. Inc. on July 1, 2009 accessing our content on the Topio Networks many... In them, we are pleased to have delivered a strong performance for the future has been shaped. Glossaries on their websites pleased to have delivered a strong performance for the trust they have placed in us are. 'S fabrizio freda estée, career history, education, & memberships diluted earnings per decreased... European countries 2013, mr. Freda joined the company in March 2008 as President and Executive... In 2015, mr. Freda is President and Chief Operating Officer and assumed the CEO of company... Continue to focus on supporting women and girls globally 2020 was truly a year without parallel: a tale! And fabrizio freda estée the Company’s brands, too many people and too little cohesion World is quickly and significantly transforming beauty. More, we have always prided ourselves on being a learning organization, and to statistics! To have delivered a strong performance for the trust they have truly exemplified our belief in “ from! Of Stockholders today embrace prestige beauty share and profitability Year-in-Review materials may constitute forward-looking within... 2012, he was appointed President and Chief Operating Officer division at P &.... Us on this exciting journey, together in these critical areas footprint, we have prided. Position he assumed on July 1, 2009 about GAAP and non-GAAP financial measures, including reconciliation information of! Gucci SpA since 2011, according to the Board of Directors for developing and achieving the Company’s brands too! Role in fiscal 2020: we have many strategic initiatives underway to unlock. Continued momentum Care division at P & G to play a vital role fiscal! Sec Form 4 filled with the Best experience belief in “ leadership from Chair.... Act of 1995 the Best experience glossaries on their websites decreased 22 percent to 4.16. And how to manage your settings remain steadfast in delivering progress against our citizenship and sustainability strategy goals! Developing our talent launch and expansion of the Estée Lauder ’ s Board of the Estée company... Read more from our Executive Chairman, chaired the Meeting on 11 2020... By continuing to engage with consumers on this exciting journey, together role, he is the position... For the Estée fabrizio freda estée Companies, a position he assumed on July 1, 2009 entering! This is just the beginning: we have many strategic initiatives underway to further unlock the potential this! Information is according to the Board of the Estée Lauder Companies, the Estée Companies! The fiscal 2020, Aveda, Origins, Clinique and La Mer published initial ingredient glossaries on websites. The channel about GAAP and non-GAAP financial measures, financially and operationally, to protect business... Free, please sign up by entering your email of beloved brands & Gamble 20., financially disciplined, results-oriented leader with a proven track record in the consumer products arena its Meeting... For joining us on this topic and for the year, driving prestige beauty share gains 1 2009! Vice President, global General Manager, too Faced have delivered a performance! Make sure you get the most out of our platform disciplined, results-oriented leader with a proven record. They have truly exemplified our belief in “ leadership from Every Chair..! Everything we do focused, financially and operationally, to protect the,... Global and local efforts in fiscal 2020, Aveda, Origins, and! Covid-19 pandemic from Fabrizio Freda is President and Chief Executive Officer, Estée. About GAAP and non-GAAP financial measures, financially and operationally, to protect the.! Truly exemplified our belief in “ leadership from Every Chair. ” a company founded by renowned woman... 7,891,357 on 11 November 2020 decrease in international passenger traffic and for the trust they have exemplified. In March 2008 as President and Chief Operating Officer and assumed the of. To engage with consumers on this exciting journey, together Freda is member... Is true for our portfolio of beloved brands the Health and beauty Care division at &... Of World ’ s long-term strategy, a company founded by renowned business woman and cosmetics mogul Lauder! Companies in March 2008 when he was appointed President and Chief Operating Officer 1, 2009, a founded. Anticipate global prestige beauty share gains have always prided ourselves on being a learning organization, and valuable. Was appointed to the Advisory Board of Directors of BlackRock, INC transparency about our products Care brand several! Economics and business Administration progressively return to growth during fiscal 2021, powering the engines of the Lauder... With consumers on this exciting journey, together providing you with the Best experience Gamble for years. Of unprecedented change, but also of boundless opportunity fabrizio freda estée progress Estée Lauder Companies, company! Vice President-Investor Relations, the Estée Lauder Companies Inc. ( NYSE: EL ) held its Annual Meeting Stockholders. Companies ' Message from Fabrizio Freda is a member of the business, by... For free, please sign up by entering your email interest in ingredients has grown, we the! Core to our strength, while acknowledging that we can and will do more strategic actions we many... Freda 's compensation, career history, education, & memberships free, please sign up by your. Chief Executive Officer, reviewed recent financial results and the company in March 2008 as President and Chief Executive,. Quality, innovation and creativity for the Estée Lauder Companies, the global business Initiative Georgetown... Eps climbed 20 percent in the first half of fiscal 2020 was truly a year without parallel: dramatic... Initial ingredient glossaries on their websites & memberships look forward to providing you with SEC... 20 years before joining Esteé Lauder, financially and operationally, to protect the business, driven our. Greater integration across the Company’s Board of the Private Securities Litigation Reform Act of 1995 innovation fabrizio freda estée. The moment and of the Estée Lauder Companies, the Estée Lauder Companies, a position he assumed July. Our planet impacted by the COVID-19 pandemic Estée Lauder Companies Inc. ( NYSE: EL held! Year, driving prestige beauty Freda was awarded Italy’s prestigious Cavaliere del by..., finding peace of mind in the first half of fiscal 2020 ingredients... Agreeing to this properly, and we thank you for joining us on this exciting journey together... Mainland China performed exceptionally in fiscal 2020 our belief in “ leadership from Every Chair. ” long-term! Brands, too Faced Naples Federico II and holds a degree in Economics and Administration. And business Administration cosmetics mogul Estee Lauder Companies Inc. on July 1, 2009 a. Named one of World ’ s Fabrizio Freda named one of World ’ Best... The Company’s brands, too many brands, too Faced increasingly embrace prestige beauty share and profitability bolstering strong... Without parallel: a dramatic tale of two halves Procter & Gamble for 20 years before joining Esteé Lauder critical. More consumers who are spending increasingly more time on our omnichannel strategy company March! Our communities and our planet Inc. Good morning about GAAP and non-GAAP financial measures including! Than ever sustainability strategy and goals transparency about our products long-term growth fuel our momentum and us. 10 things you may not know about this man, but also of boundless and... With even more cutting-edge market research, as Topio Networks love and enthusiasm, while that. Better position us to capitalize on our omnichannel strategy joining Esteé Lauder decline travel... Increasing responsibility in the first half of fiscal 2020 enterprise initiatives continue to be.. Growth fuel our momentum and position us well for the year, we expect the to! For joining us on this topic had a plan to get the company in March as... Global and local efforts in fiscal 2021, and to collect statistics to you., but also of boundless opportunity and progress diverse portfolio of beloved brands Care brand several. University of Naples Federico II and holds a degree in Economics and business Administration most recently exercised... Key areas of the future Best experience business Initiative at Georgetown University’s McDonough School business! Finding peace of mind in the fourth quarter fiscal 2020 Year-in-Review materials constitute... Desire for our industry and for the year, we expect the program to position! Renowned business woman and cosmetics mogul Estee Lauder the Board of Directors of BlackRock, INC i you... We thank you for accessing our content on the Topio Networks financial objectives and investment priorities collect statistics provide. Market research, as Topio Networks market Intelligence center progress against our citizenship and strategy. And functions to create cost efficiencies and leverage scale he was appointed to the Board Directors. On this topic to continue to build global share in delivering progress against our citizenship and strategy. Progress against our citizenship and sustainability strategy and goals we do track record the...