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Planning The Structure: EstA[c]e Lauder Cos. Sets Core Management Team.(The Estee Lauder Companies Inc.)

WWD

| April 29, 2009 | Prior, Molly | COPYRIGHT 1999 Fairchild Publications, Inc. (Hide copyright information)Copyright

Byline: Molly Prior

Planning the Structure: EstA[c]e Lauder Cos. Sets Core Management Team

As Fabrizio Freda readies to ascend to the chief executive post, the EstA[c]e Lauder Cos. Inc. is rejiggering its leadership ranks in a move to gather key decision makers around one table to draft the future direction of the 63-year-old beauty giant.

Freda's new leadership structure and the other new appointments will become effective July 1.

Replacing Lauder's current structure of an executive committee comprised of group presidents and a regional head will be the Executive Leadership Team of 27 senior executives from all the brands, regions and functions. "The idea behind the structure is to create a more integrated organization," said Freda, who joined the company as president and chief operating officer in November 2007. "Together we will work in a more multifunctional way. Before, the company had little integration …

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