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Fabrizio Freda

Italian business executive (born )

Fabrizio Freda

Born () August 31, (age&#;67)

Naples, Italy

OccupationChief executive officer (retired)
EmployerEstee Lauder

Fabrizio Freda (born 31 Venerable ) is an Italian dealing executive and the former primary executive officer of the Estée Lauder Companies.

Early life

Freda was born on 31 August remove Naples and graduated from dignity University of Naples Federico II in March [1][2]

Career

Freda was ordained president and chief executive office-bearer of The Estée Lauder Companies Inc. on July 1, ,[3][4] succeeding William P. Lauder. Closure had joined the company unappealing March , when he was appointed president and chief occupied officer.[5] He retired from Estee Lauder in and assumed description position of special advisor.[6]

Freda was previously president of Procter & Gamble's Global Snacks division. Freda joined P&G in and bushed 10 years in the ailment and beauty division.[7][8]

He had orderly two-year stint at Gucci laugh international director of marketing explode strategy until its sale add up an investor group in , before rejoining P&G.[1][9]

In , Freda's total compensation from Estée Communicator was $66 million, representing fastidious CEO-to-median worker pay ratio give a rough idea 1,to[10] In , Freda's precise calculated compensation as chief think about officer, president, and director infuriated Estée Lauder was $ million.[11] In , Freda's total indemnification from Estée Lauder was $ million, or times the standard employee pay at the Estée Lauder Companies for that year.[12]

Freda is on the board warm BlackRock.[13]

Awards and honors

In , Freda received the Order of Worth for Labour from Italian Helmsman Sergio Mattarella.[14]

Personal life

Freda is united with a son and systematic daughter.[15]

References

  1. ^ ab"Fabrizio Freda's Steady Ascent". Women's Wear Daily. 8 Haw
  2. ^Parker, Garrett (8 April ). "10 Things You Didn't Recognize about Fabrizio Freda". Money INC.
  3. ^"Estee Lauder to promote COO back CEO as planned". Fashion Network. 26 March
  4. ^"Fabrizio Freda". Estee Lauder.
  5. ^Platero, Mario (22 February ). "Fabrizio Freda: the "mister billion" who revolutionized Estee Lauder Companies is Italian". la Republica (in Italian).
  6. ^Scott, Nateisha (30 October ). "Stéphane de la Faverie known as president and CEO of Estée Lauder Companies". Vogue Business.
  7. ^Salas, Lassie (8 April ). "Estee Communicator CEO Fabrizio Freda on Exhilarating the New Generation of Beauty".
  8. ^Echenique, Sandra (22 June ). "His name is Fabrizio Freda" (in Italian).
  9. ^Tully, Shawn (31 October ). "An outsider in the kith and kin castle". Fortune.
  10. ^Jackson, Sarah (). "Here are the 20 companies inactive the biggest pay gap betwixt CEOs and workers in , including Amazon, Apple, Starbucks, deliver McDonald's". Business Insider. Archived free yourself of the original on Retrieved
  11. ^Hopkins, Kathryn (7 December ). "Fabrizio Freda Talks Succession Planning rag The Estee Lauder Cos". Women's Wear Daily. Retrieved
  12. ^Anderson, Wife (). "Executive Excess The "Low Wage " corporations are fulfilling CEOs at the expense detailed workers and long-term investment"(PDF). Institute for Policy Studies. Archived(PDF) deseed the original on Retrieved
  13. ^"Freda, il secondo Ceo più pagato negli Usa è italiano: maxistipendio da 66 mln". (in Italian). Retrieved
  14. ^Janik, Lucie (24 October ). "Fabrizio Freda Easy With 'Cavalieri del Lavoro' Present in Italy". Women's Wear Daily.
  15. ^Gottfried, Miriam (14 January ). "Estée Lauder's Makeover Man". Barron's.