The Estée Lauder Companies Inc. (New York) has announced that former group president Lynne Greene is retiring in June 2016. As a result, the company has named John Demsey executive group president and Jane Hertzmark Hudis group president.
Demsey and Hudis will report directly to CEO of Estée Lauder, Fabrizio Freda.
Demsey will add Clinique and the Men’s Skincare Group to his portfolio while continuing to oversee Aramis and Designer Fragrances, Prescriptives, MAC Cosmetics, Bobbi Brown, Jo Malone London, Bumble and bumble, Tom Ford, Smashbox, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle and GLAMGLOW.
He will also lead a newly created Center of Excellence for Creative, continuing to advance capabilities, processes and talent development.
Hudis will continue to lead the Company’s Estée Lauder and AERIN brands while adding La Mer, Darphin, Origins and Aveda to her portfolio. She will also join several leadership committees within the company.
The changes are effective January 1, 2016. In the meantime, Demsey and Hudis will work with Greene to ensure a smooth transition.