The Estée Lauder Companies announced the establishment of the Equity and Engagement Center of Excellence (COE).
The center represents the company's core values and commitments to building greater equity and representation within every aspect of its business, from its employees to its consumers.
Nicole Monson, who has been appointed senior VP, equity and engagement, will lead the COE. She will work across all areas of the business to develop the company’s long-term equity and employee engagement strategy and enterprise-wide capabilities.
Monson will lead the development and implementation of proactive equity and engagement initiatives to create a workforce that is more representative and responsive to people of all backgrounds, where all have an opportunity to succeed.
In her most recent position as senior VP, deputy general counsel, global employment, ethics and legal privacy, Monson oversaw the employment law, ethics and legal privacy teams and worked to advance the legal strategy for employment, ethics and privacy globally to protect the company’s interests and mitigate risks associated with new laws and regulations, growth of digital platforms, new global acquisitions and an increased regulatory environment.
Fabrizio Freda, president and CEO, said: “Our collective vision is to be the most inclusive, equitable and diverse global prestige beauty company for our employees and consumers alike. This important new capability will enhance employee engagement and build greater equity across the business today, while also providing a strategic platform to expand and scale this work into the future. We know that authentic change takes time, dedication and a clear strategy, and we will continue to devote focused and meaningful resources toward accelerating this goal.”
William P. Lauder, executive chairman, said: “Since our company’s founding, our talented employees have been at the center of our business and the most important driver of our success. While we are proud of the progress we have made as a company thus far, we are committed to driving equity and engagement for the long-term. Nicole’s deep experience and extensive knowledge of Human Resources and the global legal environment, combined with her demonstrated ability to positively influence ELC’s culture, have been invaluable to the company. I look forward to her continued leadership at the helm of this new Center of Excellence.”