THE WHAT? The Estee Lauder Companies has announced a series of key leadership appointments for its international business prompted by the planned retirement of Cedric Prouve, Group President, International, in June, 2022.
THE DETAILS Effective February 1, 2022, Peter Jueptner will take on the title of President, International, succeeding Prouve. Meanwhile, Nadine Graf, currently Vice President, General Manager, EMEA Markets, will step into Jueptner’s shoes as President, Europe, Middle East and Africa.
THE WHY? Fabrizio Freda, President and CEO, explains, “We are proud of the exceptional depth and quality of internal talent across our organization and ELC remains committed to investing in and growing our talent around the world. As Cedric steps into his well-deserved retirement, we are pleased to elevate Peter and Nadine – two dynamic, internally-trained, and highly experienced leaders into these roles of greater responsibility. Peter and Nadine each possess extensive first-hand leadership experiences in our regions and affiliates and deep global expertise across all aspects of prestige beauty, making them uniquely qualified to lead our winning International and EMEA businesses, respectively.”