NEW YORK — Fred Langhammer, chief executive officer of The Estée Lauder Cos. served up his best advice to Fashion Institute of Technology students at a breakfast Thursday.

This story first appeared in the May 23, 2003 issue of WWD.  Subscribe Today.

Langhammer, speaking to graduates of the master’s program in Cosmetics and Fragrance Marketing and Management, advised aspiring executives on such topics as the importance of learning to speak additional languages, continuously striving to take on responsibility in the workplace, carefully choosing the people you work with and understanding the global marketplace. In fact, Langhammer sees opportunities in Russia, China and Eastern Europe.

He noted his own career has been “driven by curiosity,” as he shared his experiences along the way. Langhammer said he would love to have a woman as a Lauder group president, but explained that it’s difficult to find female executives that have had the necessary type of experience and are mobile. “If I was 26 or 27, I would go to Moscow or Shanghai,” said Langhammer, adding that it’s an opportunity “to be part of the transformation in society.”