The Estée Lauder Companies has announced that Mark Loomis, currently President, Asia/Pacific, will be appointed President, North America, effective February 1, 2022. Mark will report directly to Fabrizio Freda, President and Chief Executive Officer, and he will remain a member of the group’s Executive Leadership Team.
Mark has been working for 25 years with The Estée Lauder Companies, spending much of its carrer in Asia. He has been central to the company’s investment in the first-ever manufacturing facility in Japan, the expansion of Estée Lauder Companies’s innovation capabilities through its new China Innovation Center in Shanghai, as well as the acquisition of Dr.Jart+ and Do The Right Thing in 2019.
Appointments in Asia/Pacific
Following this announcement Matthew Growdon, currently General Manager, Japan, will be promoted to Senior Vice President and General Manager, Asia/Pacific, also reporting directly to Peter. He will become a member of the Executive Leadership Team, leading all markets in Asia/Pacific, excluding mainland China.
Joy Fan will be promoted to President and CEO, China. She will report directly to Peter Jueptner in his new role as President, International, and she will remain a member of The Estée Lauder Companies’ Executive Leadership Team.
Premium Beauty News (Photo: The Estée Lauder Companies)