Mr. Freda is a strategically focused, financially disciplined, results-oriented leader with a proven track record in the consumer products arena. 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. 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. Click here for When Italian-born businessman Fabrizio Freda became chief executive of the Estée Lauder luxury empire in 2009, he had a lot of work to do. Thirty top CEOs were announced. 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 … 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. Our company-wide CEO Global Reverse Mentor Program pairs younger talent with seasoned leaders, began as a way to keep the leadership team up-to-date on millennial and Gen Z habits and preferences has continued, with mentors advising on dynamics specific to virtual and remote working and other key trends. 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. For all of these reasons and more, we look forward to a bright and beautiful future. I encourage you to read more from our Executive Chairman William P. Lauder about our global and local efforts in fiscal 2020. Our powerful roster of Skin Care products and brands, including Estée Lauder's Advanced Night Repair, Clinique’s Moisture Surge, La Mer’s Crème de la Mer and Dr. Jart+’s Teatreement™, positions us well to support continued growth in this category. We aim to create products and services in all aspects of our business that consumers have never dreamed of, but can’t live without, and this year was no exception. 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. The Estée Lauder Companies CEO Fabrizio Freda. In them, we enjoy both strong and growing prestige beauty share and profitability. Geographically, APAC remained a dynamic engine of growth, as consumers increasingly embrace prestige beauty for its quality, innovation and creativity. Mr. Freda is a member of the Company’s Board of Directors. 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. We use such measures, among other financial measures, to evaluate our operating performance, which represent the manner in which we conduct and view our business. The Estée Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. 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. From 1986 to 1988 he directed marketing and strategic planning for Gucci SpA. It is a time of unprecedented change, but also of boundless opportunity and progress. The Estée Lauder Companies Inc. (EL) CEO Fabrizio Freda on Q1 2021 Results - Earnings Call Transcript SA Transcripts Nov. 02, 2020 4:26 PM ET Horizon … FABRIZIO FREDA President and Chief Executive Officer The Estée Lauder Companies Fabrizio Freda is President and Chief Executive Officer, The Estée Lauder Companies, the global leader in prestige beauty. Our multiple engines of growth strategy, which is based on insights from our Compass, has powered our success for over a decade and continues to be highly effective. 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. Fortunately, he had a plan to get the company moving forwards again. Throughout this time of great uncertainty, I am incredibly proud of our employees’ ongoing commitments to living our company values by contributing to relief efforts and acting as leaders within their communities. Travel Retail globally was impacted by the effects of the pandemic and resulting decrease in international passenger traffic. Brand.com, brand boutiques on platforms such as Tmall and retailer.com sites each contributed meaningfully to our results. This unique approach enables us to nimbly deploy, and shift, if necessary, resources to the most attractive opportunities across our business, positioning our company for both short- and long-term success. This year has been dramatically shaped by the COVID-19 pandemic. We are grateful to our consumers for the trust they have placed in us and are energized by their tremendous love and enthusiasm. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Freda Fabrizio holds the role of CEO and president at beauty company Esteé Lauder. Fabrizio Freda is President and Chief Executive Officer of The Estée Lauder Companies, the global leader in prestige beauty. Fabrizio Freda, recently appointed ceo of the Estée Lauder Cos., reveals his sweeping vision for transforming the prestige player into a global powerhouse. www.vbprofiles.com is now www.topionetworks.com. Senior Vice President, Global General Manager, Too Faced. President and Chief Executive Officer Fabrizio Freda outlined the goals which will allow the company to continue to advance its legacy of responsible corporate citizenship. Even as parts of our business have been operating remotely, we have continued to prioritize the sharing of cross-generational expertise and cultivating talent within our workforce. The company had too many brands, too many people and too little cohesion. His last position at P&G was President, Global Snacks, where he restructured the business, orchestrated its successful turnaround and managed employees, factories and research and development centers around the world. Same platform but with new and improved features. William P. Lauder, Executive Chairman, chaired the meeting. Under Estée Lauder chief Fabrizio Freda, one of our 2019 World’s Best CEOs, the company has conquered new markets and pumped up growth. Today, taking care of one's skin is an expression of self-care — and self-care is more important than ever. Overall, fiscal 2020 was truly a year without parallel: a dramatic tale of two halves. President and CEO Fabrizio Freda describes the achievement as “a new level of ambition and dedication to climate action,” as the beauty company sets even more ambitious climate targets for the next decade. Mainland China performed exceptionally in fiscal 2020, with sales rising by strong double-digits. For Estée Lauder ceo Fabrizio Freda, total transparency has been the key to achieving stability in times of extreme uncertainty.. In 2013, Mr. Freda was appointed to the Advisory Board of the Global Business Initiative at Georgetown University’s McDonough School of Business. We use cookies to ensure our website works properly, and to collect statistics to provide you with the best experience. Fragrance sales also accelerated, reflecting growing consumer desire for our portfolio of luxury and artisanal fragrances. In this role, he is responsible for developing and achieving the Company’s overall vision, strategy, financial objectives and investment priorities. 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. He joined the company in March 2008 as President and Chief Operating Officer. Mr. Freda is a member of the Company’s Board of Directors. A climate milestone: The Estée Lauder Companies achieves Net Zero emissions and 100% renewable electricity for its direct operations. 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. To further strengthen these critical capabilities, Jane Lauder was appointed to the role of Enterprise Marketing and Chief Data Officer for the company in June 2020. This agreement made The Estée Lauder Companies the first prestige beauty company to execute a VPPA and is the company’s largest renewable energy contract globally, enabling us to achieve our RE100 commitment of 100 percent renewable electricity in the United States and Canada one year ahead of schedule. 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. This year, we found that many trends that we were already tracking within prestige beauty have been further accelerated due to the impacts of COVID-19. Even with the challenges of this year, we are optimistic about the future. 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. Korea and other markets in the region also grew for the year, driving prestige beauty share gains. The Estée Lauder Companies' Message from Fabrizio Freda. We look forward to providing you with even more cutting-edge market research, as Topio Networks. As The Estée Lauder Companies approaches the 75th year anniversary of its founding, and 25 years as a public company, the world is facing a moment unlike any other in modern history. It also calls for greater integration across the Company’s brands, regions and functions to create cost efficiencies and leverage scale. We are also continuing to cultivate our longstanding partnership with The Young Women’s Leadership Schools (TYWLS), a network of all-girls public schools aimed at helping at-risk youth reach their learning and leadership potential and attend college. And we thank you for joining us on this exciting journey, together. The Estée Lauder Companies Inc. (NYSE: EL) held its Annual Meeting of Stockholders today. Mr. Freda is a member of the Company’s Board of Directors. We proudly recognize these attributes as core to our strength, while acknowledging that we can and will do more. President and CEO Fabrizio Freda describes the achievement as “a new level of ambition and dedication to climate action,” as the beauty company sets even more ambitious climate targets for the next decade. From our newest employees to our most seasoned executives, learning and development is critical to our ability to create trends, anticipate changes and swiftly adapt to the shifting needs and desires of our global consumers. In 2015, Mr. Freda was awarded Italy’s prestigious Cavaliere del Lavoro by President Sergio Mattarella. Thank you for your continued support. 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. Now more than ever, the importance and urgency of this work is clear for our business, our communities and our planet. Since many of our remarks today contain forward-looking Commitments and actions like these will help us build a stronger, more successful company and society, and we look forward to making continued progress in the years to come. He will be succeeded by Gibu Thomas, who will assume the role of President, ELC Online, effective November 16, 2020. In this role, he is responsible for developing and achieving the Company’s overall vision, strategy, financial objectives and investment priorities. Since assuming the CEO position in July We anticipate global prestige beauty to progressively return to growth during fiscal 2021, and expect to continue to build global share. 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. Senior Vice President-Investor Relations, The Estée Lauder Companies, Inc. Good morning. 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. Fabrizio Freda: Leading for the Long-Term For Estée Lauder ceo Fabrizio Freda, total transparency has been the key to achieving stability in times … Fabrizio Freda is President/CEO at Estee Lauder Cos Inc. See Fabrizio Freda's compensation, career history, education, & memberships. He’s of Italian descent. 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 - … These and other developments make it clear that the world is quickly and significantly transforming. Additionally, we offer Presidential Management Associate (PMA) and Presidential Associate (PA) programs designed to attract, develop and retain top MBA and undergraduate talent. Why … Gibu will report directly to Fabrizio Freda, President and … We also took prudent and effective measures, financially and operationally, to protect the business. The same is true for our industry and for The Estée Lauder Companies. We want to make sure you get the most out of our platform. We delivered superior sales growth in APAC in fiscal 2020, with every category in the region expanding, led by accelerating growth in Skin Care. We also remain steadfast in delivering progress against our citizenship and sustainability strategy and goals. In the future, we expect to incur charges or adjustments similar in nature to those presented below; however, the impact to the company’s results in a given period may be highly variable and difficult to predict. Such statements may address our expectations regarding sales, earnings or other future financial performance and liquidity, other performance measures, product introductions, entry into new geographic regions, information technology initiatives, new methods of sale, our long-term strategy, restructuring and other charges and resulting cost savings, and future operations or operating results. To facilitate our ability to change and quickly capitalize on areas of opportunity, we have a dedicated strategic program and cross-functional team focused solely on Transformation. He had joined the company in March 2008, when he was appointed President and Chief Operating Officer. He joined the company in March 2008 as President and Chief Operating Officer. He joined the company in March 2008 as President and Chief Operating Officer and assumed the CEO position in July 2009. Hainan, in particular, prospered as tourism gradually resumed, which partially offset the decline of Travel Retail in the fourth quarter. Mr. Freda EL stock SEC Form 4 insiders trading. The vast majority of Estée Lauder's digital marketing budget is now being siphoned towards influencers, according to president and chief executive Fabrizio Freda.. For EsteeLauder ceo Fabrizio Freda, total transparency has been the key to achieving stability. Overall, we are pleased to have delivered a strong performance for the fiscal year and strengthened our leadership in the channel. As the best-diversified pure play in prestige beauty, our portfolio gives us many levers to drive the business, which is a crucial strength during this moment. Innovation is fundamental to our strategy, and despite the challenges in late fiscal 2020, new products once again represented over 25 percent of sales for the fiscal year. The strategy includes prioritizing resources to the most promising opportunities, making further investments in consumer knowledge, driving innovation and creativity through products and services, and expanding the Company’s distribution and geographic penetration. Despite the ongoing challenges of the current environment, we remain steadfast in delivering progress against our citizenship and sustainability strategy, goals and targets. On today's call are Fabrizio Freda, President and Chief Executive Officer; and Tracey Travis, Executive Vice President and Chief Financial Officer. His name is Fabrizio Freda and he is the CEO of Estee Lauder. Our targeted investments help us reach more consumers who are spending increasingly more time on our sites, resulting in incredibly strong conversion rates. Estée Lauder CEO Fabrizio Freda on Big Earnings, China, and Complex Beauty Routines . In fiscal 2020, Aveda, Origins, Clinique and La Mer published initial ingredient glossaries on their websites. 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. During that time he led the launch and expansion of the Pantene hair care brand in several European countries. Consumers are actively exploring sub-categories and expanding their regimens, finding peace of mind in the ritual of routine. Our people are our greatest, and most valuable, strength. Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies, has been named to the highly prestigious Barron’s list of the World’s Best CEOs in 2018. Fabrizio Freda, President and Chief Executive Officer, reviewed recent financial results and the Company’s long-term strategy. As President and Chief Executive Officer at ESTEE LAUDER COMPANIES INC, Fabrizio Freda made $17,650,495 in total compensation. If you hadn’t already guessed his heritage by his name, you now know that he was born in Naples during the 1950s. Estée Lauder’s Fabrizio Freda named one of World’s Best CEO’s by Barron’s. As much as the world has changed in the past year, so much of what makes The Estée Lauder Companies exceptional has remained true. He joined the company in March 2008 as President and Chief Operating Officer and assumed the CEO position in July 2009. We announced two significant innovations in Skin Care in fiscal 2021: La Mer introduced its new The Concentrate, and Estée Lauder launched its new Advanced Night Repair Synchronized Multi-Recovery Complex with a breakthrough formula. They have truly exemplified our belief in “Leadership from Every Chair.”. Fabrizio Freda is President and Chief Executive Officer, The Estée Lauder Companies, a position he assumed on July 1, 2009. Currently, our vibrant Online business, broad exposure in Asia/Pacific (APAC) and robust Skin Care portfolio are the engines driving our growth. We recognize the importance of the decisions we make for our employees, our consumers, our communities, our retailers and our environment at this time, and we are confident that our thoughtful approach will help set the stage for strong growth going forward. A climate milestone: The Estée Lauder Companies achieves Net Zero emissions and 100% renewable electricity for its direct operations. 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 have always prided ourselves on being a learning organization, and we are committed to continuously investing in and developing our talent. 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