More NewsEstée Lauder Hires Ralph Lauren’s CFO Tracey Travis

Estée Lauder Hires Ralph Lauren’s CFO Tracey Travis

The Estée Lauder Companies, a manufacturer of skin care, makeup, fragrance and hair care products, has appointed Tracey Travis as executive vice president (EVP) and chief financial officer (CFO). She will jointly report to William Lauder, executive chairman, and Fabrizio Freda, president and chief executive officer (CEO). Travis will assume her new position on 20 August 2012.

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. Since 2005, she has been senior vice president (SVP) and CFO of Ralph Lauren, responsible for global finance, internal audit, treasury, tax, business development, investor relations and global information technology. Ralph Lauren is a global designer and marketer of premium lifestyle products and brands across the apparel, home, accessories and fragrance categories.

Previously, Travis was SVP, finance and CFO of Intimate Brands for Limited Brands from 2001 to 2004. She also spent a decade at PepsiCo and the Pepsi Bottling Group, where she held operations management and finance roles. She began her career as an engineer and a senior financial analyst at General Motors (GM).

Travis will succeed Richard Kunes, a 26-year veteran of the company. In August 2011, Kunes announced his plans to retire and stated his intention to continue to serve as EVP and CFO until such time as his successor began to serve in such capacity. Kunes will become EVP, senior advisor to the CEO, working on special projects and will assist Travis during a transition period.

Travis is also a member of the board of directors of Campbell Soup Company, as well as on the boards of the Lincoln Center Theater and the Women’s Forum of New York. She also sits on the executive advisory board of the Programme for Financial Studies at Columbia University’s Graduate School of Business and is a member of the board of trustees of the University of Pittsburgh.

Travis graduated from the University of Pittsburgh with a BSc in Industrial Engineering and in 2009 the University honoured her with a Distinguished Alumni Award. She earned an MBA in Finance and Operations Management from Columbia University.

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

4m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

4m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

5m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

5m Mateo Graziosi