Tracey T. Travis, The Estée Lauder Companies’ highly regarded Executive Vice President and Chief Financial Officer is to retire, effective 30 June, after what the US beauty group called more than 12 years of “exemplary” leadership and service.
A successor for the CFO role has been identified and will be named in coming weeks. Travis will work closely with her successor to ensure a smooth and successful transition.
“Tracey has been an invaluable business partner and a trusted advisor to me, our executives and Board of Directors, as well as a mentor and role model to many across our organisation,” said The Estée Lauder Companies President and Chief Executive Officer Fabrizio Freda.
“She has built and led a robust, integrated Global Finance & Strategy organisation that has served as a valued business partner across the company and has helped to optimize delivery of our financial plans.
“Her financial acumen, discipline, and operational excellence have been essential to our company’s growth, and so many areas of our organization have her valuable imprint on them.”
“An inspiring and visionary leader, Tracey has been deeply committed to exemplifying our values throughout her years of dedicated service to our company,” said The Estée Lauder Companies Executive Chairman William Lauder.
“Tracey has had a remarkable impact on driving our business forward by leading our portfolio strategy, but also by developing our talent, cultivating a culture of inclusion and continued learning, and advancing initiatives to foster a more diverse and equitable workplace and marketplace.”
Travis has been honoured with numerous industry awards and accolades throughout her distinguished career. She received a Best CFO award by Institutional Investor magazine; was recognised as one of the ‘Top 100 African Americans in Corporate America’ as well as ‘The Most Powerful Women in Corporate America’ by Black Enterprise magazine.
In 2019, she was honoured with an Achiever Award by Cosmetic Executive Women. She serves as a director on the Board of Accenture and that of Meta Platforms (formerly Facebook). ✈
