The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: January 20, 2025
Today: January 20, 2025

Estee Lauder names Akhil Shrivastava as CFO

FILE PHOTO: An Estee Lauder cosmetics counter is seen in Los Angeles
July 23, 2024
Reuters - Reuters

(Reuters) - Estee Lauder said on Tuesday insider Akhil Shrivastava will succeed Tracey Travis as the MAC lipstick maker's finance chief, following her decision to retire after 12 years in the role.

Shrivastava will assume his new role effective Nov. 1, and Tracey will remain at the company until her retirement on June 30, 2025, to support a seamless transition, the company said.

Before joining Estee Lauder in 2015, Shrivastava spent 18 years at Procter & Gamble in several finance and leadership roles.

Under Travis' leadership, Estee Lauder significantly strengthened its finances, made extensive investments in innovation and digital transformation, and also completed several acquisitions.

(Reporting by Granth Vanaik in Bengaluru and Sneha S K; Editing by Alan Barona and Sriraj Kalluvila)

Related

Asia|Business|Economy|Finance|Political|Stock Markets|US

Trump's tariff caution slams dollar, lifts stocks

A look at the day ahead in Asian markets.  The first full day of financial market trading in U.S.

Trump's tariff caution slams dollar, lifts stocks
Business|Election|Political|Technology|US

Elon Musk's prominence during inauguration ceremonies stamps tech titan's place in Trump's orbit

The blossoming relationship between President Donald Trump and tech titan Elon Musk was on full display throughout Monday's inauguration ceremonies

Elon Musk's prominence during inauguration ceremonies stamps tech titan's place in Trump's orbit
Business|Economy|Europe|Political|US

EU ministers see Trump as wake-up call to fix economy

The return of U.S.

EU ministers see Trump as wake-up call to fix economy
Business|Economy|Finance|Political|Technology|US

Trump's new crypto coin sparks ethics concerns

U.S.

Trump's new crypto coin sparks ethics concerns
Share This

Popular

Asia|Business|Economy|Political|US

US crude futures down $1 a barrel on Trump plan to boost fossil fuel output

US crude futures down $1 a barrel on Trump plan to boost fossil fuel output
Asia|Business|Technology|Travel

COMAC jets for Vietnam show China's push for international market

COMAC jets for Vietnam show China's push for international market
Business|Economy|Europe|Finance|Political

EU ministers agree on unity, more competitive economy, need for deeper US ties

EU ministers agree on unity, more competitive economy, need for deeper US ties
Australia|Business|Economy|Finance|Political|Stock Markets|US

Dollar retreats on signs Trump tariffs to be measured

Dollar retreats on signs Trump tariffs to be measured

Thanks for reading The Los Angeles Post

Create your free account or log in to continue reading.

Already have an account? Sign In