Six weeks after announcing the retirement of chief executive officer Fabrizio Freda, Estée Lauder Companies revealed another executive leadership transition today.
The company’s North America group president Mark Loomis will be retiring at the end of the company’s 2025 fiscal year in June, the same timeline set for Freda’s departure.
While Freda’s successor has not yet been named, ELC announced that Loomis’ role will be filled by two executives beginning on Jan. 1. Its current…