By  on July 19, 2012

The Estée Lauder Cos. Inc said today that Tracey T. Travis has been named executive vice president and chief financial officer of the corporation, confirming a report in the July 19 issue of WWD.

Travis, who will assume her new position on August 20, replaces the retiring Richard W. Kunes, who said in August 2011 that he would retire from his current role on June 30, 2012, at the end of Lauder’s fiscal year. Kunes has been named executive vice president and senior advisor to the chief executive officer, and will work on special projects after assisting Travis through the transition.

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