American multinational makeup company, Estée Lauder announced the retirement of Dennis McEniry. He was the President of ELC’s online Division and has been with the company for nearly 30 years. He will retire at the end of this calendar year. The role of the President will be taken over by Gibu Thommas, effective 16th November,2020. He will report directly to Fabrizio Freda, President and Chief Executive Officer. Dennis will work closely with Gibu through the end of the year to support a smooth and successful transition.
“Dennis has been a truly innovative and visionary digital leader,” said CEO of ELC, Fabrizio Freda. “As the inaugural President of ELC Online, he has overseen the formation and incredible expansion of this division. Thanks to him and his team, ELC Online remains vital to our strong and sustainable growth, and is a leading, brand-building platform that enables us to deliver high-quality products and experiences to millions of consumers worldwide. Omnichannel and Online are more important and quickly-evolving than ever before, and we are poised for continued success in these areas thanks to Dennis’ work. His positive energy, dynamic leadership style and unique ability to marry the art and science of online will certainly be missed.”
“I am thrilled to welcome Gibu to The Estée Lauder Companies as the new President of ELC Online,” continued Mr. Freda. “He is a highly talented and respected digital expert with a proven record of success in e-commerce, technology infrastructure, digital media, mobile and omnichannel. Throughout his exemplary career, which includes leading digital enterprises to scale at large global businesses as well as extensive entrepreneurial experience in Silicon Valley startups, he has driven meaningful, transformative growth for global brands with speed and agility. His deep understanding of consumer behavior, and ability to anticipate trends and build dynamic digital experiences, make him ideally suited to this role.”
Estée Lauder Companies is a manufacturer and marketer of skin care, makeup, fragrance and hair care products based in New York City. The company’s products are sold in approximately 150 countries and territories under various brand names.
Source – Business Wire
–AK
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