People On The Move

Tracey T. Travis executive vice president, Estée Lauder

23-Jul-2012 - Last updated on 24-Jul-2012 at 08:37 GMT

Estée Lauder has appointed Tracey T. Travis as executive vice president and chief financial officer, reporting to William P. Lauder, executive chairman and Fabrizio Freda, president and CEOfficer.

Travis brings a wealth of global financial experience, having worked for a number of Fortune 500 consumer product companies in a variety of industries during her career, and joins on board from fashion firm Ralph Lauren where she was CFO and senior vice president.

Travis will succeed Richard W. Kunes, who announced his plans to retire from the role and will assist his replacement during a transition period.

“We are thrilled that Tracey is joining The Estée Lauder Companies’ leadership team. Her broad background in all facets of global finance will be a tremendous asset to our growing organization,” Mr Lauder said.

“I also want to thank Rick for his immeasurable contributions as CFO for the last 12 years. He’s served as a terrific advisor to me and under his tenure, the Company has achieved record financial results.”