The Estée Lauder Cos. has introduced its successor for Cedric Prouvé, the chief who introduced his retirement plans earlier this week.
Prouvé can be succeeded by Peter Jueptner, who has labored as president, Europe, Center East and Africa since 2016. Jueptner’s position can be as president, worldwide, and he’ll report on to Fabrizio Freda, Lauder’s chief govt officer.
As reported by WWD, Prouvé’s retirement will go into impact in June 2022. Jueptner’s present place can be stuffed by Nadine Graf, who’s being promoted from vp, common supervisor, EMEA markets to senior vp, common supervisor, EMEA.
“We’re pleased with the distinctive depth and high quality of inside expertise throughout our group and Estée Lauder Cos. stays dedicated to investing in and rising our expertise around the globe,” Freda stated in a press release. “As Cedric [Prouvé] steps into his well-deserved retirement, we’re happy to raise Peter and Nadine — two dynamic, internally skilled and extremely skilled leaders into these roles of larger duty.
“All through his spectacular profession, Peter has constantly demonstrated a people-first strategy, and has been strongly dedicated to driving transparency and innovation that problem the established order, whereas nurturing a tradition of variety, inclusivity and fairness inside his groups and throughout the enterprise,” Freda continued.
Jueptner credited Graf’s time with the corporate as “instrumental” for development within the area, the place she additionally used to steer Clinique previous to her present position. Of their new roles, Graf will report back to Jueptner.
“Nadine is very revered by her groups and friends for her energetic management,” Jueptner stated in a press release. “She has been instrumental all through her time on the Estée Lauder Cos. in constructing and retaining excessive performing groups, and leads by instance with a regionally related, shopper obsessed mindset.”
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https://wwd.com/beauty-industry-news/beauty-features/lauder-peter-jueptner-president-international-1234984790/ | The Estée Lauder Cos. Names Peter Jueptner President, Worldwide – WWD