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Lauder Names New Executive VP

The Estée Lauder Companies Inc. announced todaythat  Carl Haney will join the company as executive vice president, global R&D, corporate product innovation, package development, beginning Jan. 1, 2012. He will report to president and CEO Fabrizio Freda.

Haney will join the Estée Lauder Companies following a more than 20-year career at P&G. Most recently, he was vice president, R&D, male grooming, Gillette, Braun and Devices, leading teams in all aspects of innovation—including product, packaging, process development and engineering.

“Carl is a proven leader in R&D and innovation and has significant experience directing and guiding teams around the world," said Freda. "His passion for innovation and extensive knowledge of locally relevant product development will build on our company’s considerable strengths and keep us on the cutting edge.”

Raised in Venezuela, Haney moved to the United States and attended Vanderbilt University, where he graduated cum laude with a degree in chemical engineering. Haney started his career at P&G and held numerous leadership positions in locations around the world. In 1997, he was promoted to director, Latin America beauty care R&D. He also held R&D leadership roles for P&G Global cosmetics and oral care, and has led P&G innovation teams in Latin America, Europe and Asia. An important player in the R&D and innovation, according to a Lauder statement, Haney is known for growing businesses, brands and innovation organizations and creating strong external innovation partnerships.

“I am delighted to join the Estée Lauder Companies with its outstanding reputation, global leadership position, exciting brands and great history of innovation," said Haney. "I look forward to working closely with William Lauder, Fabrizio Freda and the global R&D and innovation teams to continue the company’s great tradition of creating world-class, prestige beauty products.”

Harvey Gedeon, who is currently executive vice president, global R&D, corporate product innovation, package development, has announced his intention to retire after a decade of success with the company. Gedeon will remain with the company to work closely with Haney throughout the transition.

“We are grateful for the significant contributions and dedication that Harvey Gedeon has brought to the Estée Lauder Companies," said William P. Lauder, executive chairman, The Estée Lauder Companies Inc. "Harvey has had a profound impact on our company’s global success and innovation. We wish him the best in his well-deserved retirement. We are thrilled that Carl will be joining the Estée Lauder Companies, and are pleased that Harvey will remain with us to help transition Carl into his new role.”

“Harvey has been a tremendous leader at the Estée Lauder Companies in the areas of R&D, innovation and packaging," said Freda. "His amazing achievements in innovation have helped our company maintain its leadership position in prestige beauty. I want to thank Harvey for his guidance, creativity and dedication.”

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