By  on June 15, 2010

The next step in the Estée Lauder Cos. Inc.’s acquisition of Smashbox Beauty Cosmetics is a new management structure which includes three longtime Lauder executives: Beth DiNardo, Caroline Geerlings and John Demsey.

At the time the deal was inked, on May 17, the management team was helmed by Dean Factor, co-founder and chief executive officer; Davis Factor, co-founder, chief creative officer and celebrity photographer, and Budd Taylor, president. The Factors are great-grandsons of legendary makeup artist Max Factor, and founded the company in 1996. While the purchase price was not disclosed, sources estimated that it was between $200 million and $300 million.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus