10.26.21
After 27 years with The Estée Lauder Companies, Cedric Prouvé, group president, international, will retire effective June 30, 2022.
A successor has not been named, but will be announced shortly, according to the beauty giant. Prouvé will partner with the new hire starting in February 2022 to support a smooth and successful transition.
A visionary and highly-respected global leader, Prouvé has, alongside his outstanding global teams, led ELC’s winning international business – including all sales and profits outside of
North America, all activities of sales affiliates and distributor relationships worldwide, as well as the travel retail business – since 2003. Throughout his exceptional career, he has been instrumental in elevating and operationalizing the company’s global network of region presidents and affiliate general managers, and has collaborated closely with group and brand presidents and function Leaders to integrate global marketing strategies ininternational markets.
Under Prouvé’s leadership, ELC’s international business has grown significantly since 2003 – from approximately 43% of the business to approximately 77% of the business in fiscal year 2021. During his tenure, the company’s international organization has expanded to over 35 affiliates doing business in 150-plus countries and territories across our international footprint, with strategic investments in talent, third-party relationships, and innovation pipelines in established and emerging markets.
“In a rapidly-changing industry, Cedric’s strategic vision, inspiring leadership style and unique team-building abilities have been integral to the success of ELC’s International business, and we are well-positioned for future growth,” said Fabrizio Freda, president and CEO. “I have greatly enjoyed my close partnership with Cedric over the years, and I would like to thank him for leading our International organization with a great blend of enthusiasm, thoughtfulness, and most especially, kindness. His positive energy, dynamic style, caring nature and deep international expertise will be truly missed.”
During his tenure, Prouvé’s sponsored many enterprise-wide initiatives and strategic transformational priorities to help ensure the company is building the right capabilities in the Asia/Pacific (APAC) Region and in China, its second home market. From the earliest days of this strategic work, Prouvé’s helped to shape the value chain proposition that ultimately resulted in the implementation of ELC’s new Shanghai Innovation Center and its Japan-based manufacturing facility, both of which will be instrumental in continuing to position the company for long-term growth in the region and globally.
“Throughout his career, Cedric’s keen ability to lead with our company values and foster meaningful partnerships across the enterprise has led to significant contributions across the business, while also enriching our company’s culture,” added William P. Lauder, executive chairman. “We have all benefitted from Cedric’s strategic insights and his candid and charismatic communication style. On behalf of the company and the Lauder family, I would like to wish Cedric the very best in his well-deserved retirement.”
Prior to joining ELC, Prouvé spent nine years with the L’Oréal Group in sales and management positions of increasing responsibility in the Americas and Pacific Rim.
A successor has not been named, but will be announced shortly, according to the beauty giant. Prouvé will partner with the new hire starting in February 2022 to support a smooth and successful transition.
A visionary and highly-respected global leader, Prouvé has, alongside his outstanding global teams, led ELC’s winning international business – including all sales and profits outside of
North America, all activities of sales affiliates and distributor relationships worldwide, as well as the travel retail business – since 2003. Throughout his exceptional career, he has been instrumental in elevating and operationalizing the company’s global network of region presidents and affiliate general managers, and has collaborated closely with group and brand presidents and function Leaders to integrate global marketing strategies ininternational markets.
Under Prouvé’s leadership, ELC’s international business has grown significantly since 2003 – from approximately 43% of the business to approximately 77% of the business in fiscal year 2021. During his tenure, the company’s international organization has expanded to over 35 affiliates doing business in 150-plus countries and territories across our international footprint, with strategic investments in talent, third-party relationships, and innovation pipelines in established and emerging markets.
“In a rapidly-changing industry, Cedric’s strategic vision, inspiring leadership style and unique team-building abilities have been integral to the success of ELC’s International business, and we are well-positioned for future growth,” said Fabrizio Freda, president and CEO. “I have greatly enjoyed my close partnership with Cedric over the years, and I would like to thank him for leading our International organization with a great blend of enthusiasm, thoughtfulness, and most especially, kindness. His positive energy, dynamic style, caring nature and deep international expertise will be truly missed.”
During his tenure, Prouvé’s sponsored many enterprise-wide initiatives and strategic transformational priorities to help ensure the company is building the right capabilities in the Asia/Pacific (APAC) Region and in China, its second home market. From the earliest days of this strategic work, Prouvé’s helped to shape the value chain proposition that ultimately resulted in the implementation of ELC’s new Shanghai Innovation Center and its Japan-based manufacturing facility, both of which will be instrumental in continuing to position the company for long-term growth in the region and globally.
“Throughout his career, Cedric’s keen ability to lead with our company values and foster meaningful partnerships across the enterprise has led to significant contributions across the business, while also enriching our company’s culture,” added William P. Lauder, executive chairman. “We have all benefitted from Cedric’s strategic insights and his candid and charismatic communication style. On behalf of the company and the Lauder family, I would like to wish Cedric the very best in his well-deserved retirement.”
Prior to joining ELC, Prouvé spent nine years with the L’Oréal Group in sales and management positions of increasing responsibility in the Americas and Pacific Rim.