America’s The Estée Lauder Companies transferred its top leadership baton to the Italian businessperson Fabrizio Freda in 2009. He replaced the billionaire chief executive and founder Estée Lauder’s grandson William Lauder. Estée Lauder CEO Fabrizio Freda helped the heritage beauty company grow its shrinking market value. Under him, the company continues to outperform its rivals. Freda has built an in-house research team to study beauty industry trends for up to ten years in advance. He has been able to attract young buyers to a traditional cosmetics company. Freda is responsible for managing the company’s vision, strategy, financial goals, investments, etc. He is also on the board of directors. The top official has introduced different growth engines for Estée Lauder to boost sales and profits. Everyone looks up to him for his financial discipline, strategic focus, and performance-driven leadership. He carries a lot of knowledge of the consumer products market. To know about Estée Lauder CEO email address, Fabrizio Freda net worth, wife & family, and Estée Lauder CEO salary, keep reading this wiki.
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Estée Lauder Competitors
The cosmetics company face competition from other giants like:
- L’Oréal
- Unilever
- P&G
- Coty
Fabrizio Freda Net Worth – Estée Lauder CEO Salary
As of 2023, Fabrizio Freda’s net worth can be estimated to be around 80-90 million USD. He reportedly earns 24-34 million USD annually.
Estée Lauder CEO Email Address | Fabrizio Freda Contact
Write to [email protected] to reach out to the top honcho of the company. At the same time, you can check his LinkedIn account on https://www.linkedin.com/in/fabriziofreda/.
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Estée Lauder Net Worth – Is Estée Lauder Profitable?
As of 2023, Estée Lauder’s net worth can be around 62-72 billion USD. Yes, the fashion and beauty products company Estée Lauder is profitable.
Career & Education – Company, University, & College
Freda joined the American luxury beauty brand as president and COO in 2008 and got promoted as CEO the following year. Prior to this, he spent two decades of his career growth at Procter & Gamble (P&G). He worked in different geographies across various categories, while managing operations, strategies, and marketing. When he left the company in 2008, he was Global Snacks – President. Fabrizio completed his formal education from Italy’s The University of Naples Federico II.
Fabrizio Freda Wiki – Age, Wife, Family, & More
Fabrizio Freda, age 66, is married to Mary Ann Freda and has one daughter and one son. The family lives in New York. The 1957-born was raised in Naples, Italy. He is inspired by Niccolò Machiavelli’s ideas of business that emphasize the need to have an understanding of one’s environment to build any strategies for that. Founders Estée and Joseph Lauder’s son Leonard Lauder met the former P&G business executive at London’s Claridge’s Hotel to convince his wife to move to New York. He learned an important leadership lesson from William Lauder after becoming a CEO. William told Freda that he needed to watch, listen, and understand situations before executing anything to run a successful company like this. Fabrizio’s father Domenico owned a construction company. If he was not a CEO, Freda would have been an orchestra conductor.
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About Estée Lauder
American cosmetics behemoth The Estée Lauder Companies Inc. was founded in 1946. The company is headquartered in New York. The eponymous company was started by Estée Lauder and Joseph Lauder. Estée Lauder is famous for skincare, haircare, makeup, and perfumes. The prestige beauty business also hosts brands like Bobbi Brown, MAC, Clinique, and Jo Malone London.