The announcement forms part of the company’s drive to realign its expanding and evolving product portfolio, as well filling the gap left following the recent announcement that the outgoing group president Lynne Greene is retiring.
Demsey now adds the eponymous Clinique brand, as well as the fast growing men’s skin care group to his responsibilities, which also include some of the company’s biggest and most successful key brands.
Demsey's responsibilities grow
In addition to the additional brands, Demsey will also head up a newly established Center for Excellence for Creative, which will continue to advance the development of new ideas for the business, as well as boosting talent development.
Those brands under Demsey’s direction already number 13, which include Aramis and Designer Fragrances, Prescriptives, M•A•C Cosmetics (“M•A•C”), Bobbi Brown, Jo Malone London, Bumble and bumble, Tom Ford, Smashbox, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle and GLAMGLOW.
In addition to her new responsibilities as group president, Hertzmark Hudis will continue to lead the company’s Estée Lauder and Aerin brands, while adding La Mer, Darphin, Origins and Aveda to her portfolio.
Like Demsey, she will also have more executive responsibilities, which will include the leadership of several committees within the business.
Both execs will report to Farbrizio Freda
Both of the executives will report to Fabrizio Freda, president and Chief Executive Officer, and will work alongside Greene until her retirement in June of 2016.
“These appointments for John and Jane recognize their strong leadership and unparalleled ability to drive the continued future success of our diverse portfolio of prestige brand,” said Freda.
“They also have a keen understanding of our key strategic initiatives, including creativity, innovation, digital and emerging market growth, and have demonstrated relentless commitment and leadership to advancing our business in these areas.”