Latest news with #Sequino
Yahoo
6 days ago
- Business
- Yahoo
Why Estée Lauder Stock Tipped Higher on Thursday
The cosmetics company is bringing back a seasoned executive. She most recently served as CEO at two peer businesses. 10 stocks we like better than Estée Lauder Companies › A new executive hire at Estée Lauder Companies (NYSE: EL) was the main news item driving the company's stock higher on the penultimate trading day of the week. Thursday saw the storied cosmetics maker's share price rise by over 3%, a figure that was more than high enough to beat the S&P 500 index's 0.3% increase. That morning, Estée Lauder announced that it had hired Lisa Sequino to be the president of its makeup brand cluster. Sequino is quite the experienced cosmetics industry executive, having most recently served as CEO and board member of industry company Supergoop! Prior to that, she served in both capacities for JLo Beauty & Lifestyle companies, the beauty brand founded by actor Jennifer Lopez. The incoming executive will be a familiar figure to some in Estée Lauder's offices. Before her two CEO stints, she was with the company for over nine years, serving in a variety of high-level roles. The most recent of these was senior vice president of North American Brands. Before that stretch, she worked for eight years at consumer goods titan Procter & Gamble as a cosmetics executive. In Estée Lauder's press release touting Sequino's return, Chief Brand Officer Jane Hertzmark Hudis said "Her unique combination of strategic and conceptual thinking, entrepreneurial mindset and operational excellence makes her exceptionally well-suited to fast track our makeup cluster into its next phase of growth." Sequino certainly feels like quite the "get" for Estée Lauder, not least because of her recent experience as the leader of two brands familiar to industry watchers. The company was built on its success with makeup products, and as such they'll be important for its future too. Before you buy stock in Estée Lauder Companies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Estée Lauder Companies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Estée Lauder Stock Tipped Higher on Thursday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
7 days ago
- Business
- Business Upturn
Lisa Sequino Appointed President, Makeup Brand Cluster, The Estée Lauder Companies
New York, United States: The Estée Lauder Companies Inc. (NYSE: EL) today announced the appointment of Lisa Sequino as the new President, Makeup Brand Cluster, responsible for leading the strategic direction and global growth of makeup, and overseeing the company's portfolio of makeup brands, including M·A·C, Bobbi Brown, Too Faced, Smashbox and GLAMGLOW. Ms. Sequino will report to Jane Hertzmark Hudis, Executive Vice President, Chief Brand Officer and will be effective in the role as of June 9, 2025. Advertisement This press release features multimedia. View the full release here: A respected leader with more than two decades of experience in the beauty industry, Ms. Sequino returns to The Estée Lauder Companies with a distinctive blend of deep institutional knowledge and proven success as a CEO. In her new role, she will be responsible for accelerating innovation and makeup trends, step-changing consumer recruitment and enhancing local relevance. Her appointment reflects the company's continued investment in strengthening its makeup category and unlocking long-term opportunity. 'We are thrilled to welcome Lisa as the new leader of our makeup cluster,' said Jane Hertzmark Hudis. 'She is a powerful leader with a strong record of driving brand and business results. Her unique combination of strategic and conceptual thinking, entrepreneurial mindset and operational excellence makes her exceptionally well-suited to fast track our makeup cluster into its next phase of growth. Under Lisa's leadership, we are focused on winning with today's makeup consumer across generations, geographies and channels.' With nine years of experience at The Estée Lauder Companies in senior roles across both global and North America businesses, Ms. Sequino's extensive familiarity with the company and its brands will enable her to quickly accelerate momentum across the makeup brand cluster. She served as Senior Vice President and General Manager of Estée Lauder – North America, where she led the go-to-market strategy and execution for the company's flagship brand in its home region. She later advanced to Senior Vice President, Brands – North America, where she oversaw a multi-brand portfolio across skincare, makeup, and fragrance, and was responsible for optimizing brand synergies and accelerating execution across categories and channels in the region. Following her impactful tenure at the company, Ms. Sequino served as CEO of JLo Beauty, Jennifer Lopez's beauty brand, and most recently, was CEO of Supergoop!, where she fostered an indie and digital-first mindset to expand its global footprint. Under her leadership, Supergoop! captured emerging trends to launch innovative products for the brand – including tinted moisturizers, lip balms, and setting powders – that redefined the category for Supergoop! and broadened consumer usage occasions. 'I'm excited to return to The Estée Lauder Companies to help drive the next chapter of growth in the makeup category,' said Lisa Sequino. 'There's tremendous opportunity to reach new makeup consumers globally by accelerating innovation and trends, fast-tracking consumer acquisition across channels, driving digital and social media, and assuring local relevance to win with today's makeup consumer. I look forward to partnering with the incredible teams behind M·A·C, Bobbi Brown, Too Faced, Smashbox, and GLAMGLOW to unlock new opportunities, scale impact, and drive meaningful business results.' Cautionary Note Regarding Forward-Looking Statements Statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include those in the various quotations. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, actual results may differ materially from the Company's expectations. Factors that could cause actual results to differ from expectations include the ability to successfully implement the Company's strategy, including Beauty Reimagined and the profit recovery and growth plan; successfully transition its leadership; and those other factors described in the Company's filings with the Securities and Exchange Commission, including its most recent filings with the Securities and Exchange Commission. The Company assumes no responsibility to update forward-looking statements made herein or otherwise. About The Estée Lauder Companies The Estée Lauder Companies Inc. is one of the world's leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The Company's products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Fashion Network
29-05-2025
- Business
- Fashion Network
Estée Lauder homes in on makeup segment with new president
With more than two decades of experience in the beauty industry, Sequino returns to The Estée Lauder Companies from indie beauty brand Supergoop!, where she most recently served as CEO. Before that, she was CEO of JLo Beauty, Jennifer Lopez 's beauty brand. Sequino's previous nine-year tenure at the American beauty giant included senior roles across both global and North America businesses. She served as senior vice president and general manager of Estée Lauder, North America, and later worked as senior vice president, brands, North America, where she oversaw a multi-brand portfolio across skincare, makeup, and fragrance. 'We are thrilled to welcome Lisa as the new leader of our makeup cluster,' said Jane Hertzmark Hudis. 'She is a powerful leader with a strong record of driving brand and business results. Her unique combination of strategic and conceptual thinking, entrepreneurial mindset and operational excellence makes her exceptionally well-suited to fast track our makeup cluster into its next phase of growth. Under Lisa's leadership, we are focused on winning with today's makeup consumer across generations, geographies and channels.' Sequino's appointment comes as Estée Lauder looks to strengthen its makeup category following weaker demand for its products. In its most recent trading update, makeup sales for the three months ending March 31 plunged 9 percent to $1.04 billion. Last month, the company announced the appointment of fashion veteran Nicola Formichetti to the role of creative director of M.A.C Cosmetics, in a bid to inject some star designer power into its makeup brand.
Fashion Network
29-05-2025
- Business
- Fashion Network
Estée Lauder homes in on makeup segment with new president
The Estée Lauder Companies announced on Thursday the appointment of Lisa Sequino as the new president of its makeup brand cluster, effective June 9. She will report to Jane Hertzmark Hudis, executive vice president, chief brand officer. In her new role, Sequino will be tasked with leading the global direction and growth of the New York-based cosmetic giant's makeup division, overseeing the brand's such as M·A·C, Bobbi Brown, Too Faced, Smashbox and Glamglow. With more than two decades of experience in the beauty industry, Sequino returns to The Estée Lauder Companies from indie beauty brand Supergoop!, where she most recently served as CEO. Before that, she was CEO of JLo Beauty, Jennifer Lopez 's beauty brand. Sequino's previous nine-year tenure at the American beauty giant included senior roles across both global and North America businesses. She served as senior vice president and general manager of Estée Lauder, North America, and later worked as senior vice president, brands, North America, where she oversaw a multi-brand portfolio across skincare, makeup, and fragrance. 'We are thrilled to welcome Lisa as the new leader of our makeup cluster,' said Jane Hertzmark Hudis. 'She is a powerful leader with a strong record of driving brand and business results. Her unique combination of strategic and conceptual thinking, entrepreneurial mindset and operational excellence makes her exceptionally well-suited to fast track our makeup cluster into its next phase of growth. Under Lisa's leadership, we are focused on winning with today's makeup consumer across generations, geographies and channels.' Sequino's appointment comes as Estée Lauder looks to strengthen its makeup category following weaker demand for its products. In its most recent trading update, makeup sales for the three months ending March 31 plunged 9 percent to $1.04 billion. Last month, the company announced the appointment of fashion veteran Nicola Formichetti to the role of creative director of M.A.C Cosmetics, in a bid to inject some star designer power into its makeup brand.
Fashion Network
29-05-2025
- Business
- Fashion Network
Estée Lauder homes in on makeup segment with new president
The Estée Lauder Companies announced on Thursday the appointment of Lisa Sequino as the new president of its makeup brand cluster, effective June 9. She will report to Jane Hertzmark Hudis, executive vice president, chief brand officer. In her new role, Sequino will be tasked with leading the global direction and growth of the New York-based cosmetic giant's makeup division, overseeing the brand's such as M·A·C, Bobbi Brown, Too Faced, Smashbox and Glamglow. With more than two decades of experience in the beauty industry, Sequino returns to The Estée Lauder Companies from indie beauty brand Supergoop!, where she most recently served as CEO. Before that, she was CEO of JLo Beauty, Jennifer Lopez 's beauty brand. Sequino's previous nine-year tenure at the American beauty giant included senior roles across both global and North America businesses. She served as senior vice president and general manager of Estée Lauder, North America, and later worked as senior vice president, brands, North America, where she oversaw a multi-brand portfolio across skincare, makeup, and fragrance. 'We are thrilled to welcome Lisa as the new leader of our makeup cluster,' said Jane Hertzmark Hudis. 'She is a powerful leader with a strong record of driving brand and business results. Her unique combination of strategic and conceptual thinking, entrepreneurial mindset and operational excellence makes her exceptionally well-suited to fast track our makeup cluster into its next phase of growth. Under Lisa's leadership, we are focused on winning with today's makeup consumer across generations, geographies and channels.' Sequino's appointment comes as Estée Lauder looks to strengthen its makeup category following weaker demand for its products. In its most recent trading update, makeup sales for the three months ending March 31 plunged 9 percent to $1.04 billion. Last month, the company announced the appointment of fashion veteran Nicola Formichetti to the role of creative director of M.A.C Cosmetics, in a bid to inject some star designer power into its makeup brand.
