|NEW YORK - Wednesday, June 19th 2013 [ME NewsWire]|
(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE:EL) announced today the appointment of Michael O’Hare as Executive Vice President, Global Human Resources. Mr. O’Hare will report jointly to William P. Lauder, Executive Chairman, and Fabrizio Freda, President and Chief Executive Officer. He assumes his new position on September 30, 2013.
Mr. O’Hare joins the Estée Lauder Companies from the Netherlands-based Heineken N.V., a family-controlled public company, where for the last four years he served as Global Chief Human Resources Officer and a member of the executive committee. Working closely with Heineken’s board of directors, Mr. O’Hare led the company’s governance, compensation and talent development programs, establishing a top Human Resources (HR) function supporting Heineken’s more than 85,000 employees across 70 countries. Additionally, he helped integrate acquired operations across Latin and South America, Southeast Asia and Africa.
Previously, Mr. O’Hare spent 13 years at PepsiCo, where he held a variety of senior HR roles, culminating in the position of Chief Personnel Officer/Vice President for Asia Pacific. In this role, he oversaw all HR activities in the region, across more than 40 business units and joint ventures.
"I am very pleased to welcome Michael to the Estée Lauder Companies family. I am confident that his multi-faceted HR background will play an important role to help our Company continue to build, develop and grow our number one asset, our people,” Mr. Lauder said.
"Michael is a highly seasoned HR executive with broad global experience and an exceptional track record in building teams in new and emerging markets,” Mr. Freda said. "His deep understanding of organizational alignment will be integral to the ongoing implementation of our corporate strategy, which is a key to our future success.”
Mr. O’Hare stated, "I am delighted to join the Estée Lauder Companies with its outstanding global reputation, incredibly creative and innovative people, and commitment to diversity and fostering success. I look forward to being a strategic partner to William Lauder, Fabrizio Freda and the Global HR team, and to working closely with the Company’s brands, regions and functions to best support continued growth.”
Mr. O’Hare was born in Northern Ireland and has lived and worked in Europe, the United States and Asia. After graduating from the University of Dundee in Scotland, he went on to receive a Masters of Economics from the London School of Economics and a Masters of Business Administration from the University of Chicago.
Mr. O’Hare will succeed Amy DiGeso, who is currently Executive Vice President, Global Human Resources. Ms. DiGeso has announced her intention to retire after almost a decade of successfully leading the Global Human Resources (HR) function at the Estée Lauder Companies. Ms. DiGeso and Mr. O’Hare will work closely together to ensure a smooth transition, and Ms. DiGeso will remain with the Company as Executive Vice President, Senior Advisor to the Executive Chairman and the Chief Executive Officer through June 30, 2014.
"We are enormously grateful to Amy for the significant and enduring contributions that she has made to our Company,” said Mr. Lauder, "We wish her well in her retirement and are pleased that she will remain with us to help transition Michael into his new role.”
Mr. Freda stated, "Amy has been an essential partner to me in the construction and implementation of our corporate alignment efforts. I have greatly valued her steady leadership and will miss her counsel. I wish her the very best in her well-earned retirement.”
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, American Beauty, Flirt!, GoodSkin Labs, Grassroots Research Labs, Tom Ford, Coach, Ojon, Smashbox, Ermenegildo Zegna, Aerin Beauty, Osiao and Marni.
An electronic version of this release can be found at the Company’s Website, www.elcompanies.com.
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The Estée Lauder Companies Inc.
Alexandra Trower, 212-572-4430
Dennis D’Andrea, 212-572-4384