The Estée Lauder Companies has announced that it is changing its organisational design, effective 1 January 2013. Specifically, the company will expand its number of group presidents from two to four, adding two new senior positions to top management. The company will also realign its brands to leverage additional innovations and strategic synergies.
Thia Breen has been appointed to the new position of group president North America and will oversee both the US and Canadian affiliates. Lynne Green will continue to oversee the Clinique, Ojon and Origins brands in her newly defined role of group president but will now also be responsible for the Aveda and Darphin brands. Green will also join the company’s Investment and Development Committee to help guide global M&A strategy. Both new group presidents will report to Lauder president and ceo Fabrizio Freda.
In addition, the company is announcing the realignment of several global brand positions and increased responsibilities of other leaders.
“We owe the success of our company to our great leaders and people. The redesign we are announcing today expands the roles of several of our most senior executives and positions our company for sustained profitable growth,” said executive chairman William P Lauder. “I am confident that given their new responsibilities this team will continue to deliver superior results, further inspiring and motivating our dynamic culture.”