The Estée Lauder Cos. Inc. has appointed Andrew Ross from ConAgra Foods Inc. as senior vice president of strategy and new business development.
Starting Sept. 1, Ross will head ongoing development and implementation of Estée Lauder’s strategy and 10-year Strategic Compass, plus lead the company’s mergers, acquisitions, licensing and alliance activities globally, looking for opportunities to complement Estée Lauder’s brand portfolio and capabilities. He will also create alignment opportunities across the business, generate breakthrough industry and global insights that impact the company’s strategic direction and provide leadership and guidance for strategic priorities. Ross will also mobilize and track the execution of companywide endeavors.
“Our sound corporate strategy has driven us to achieve seven years of consecutive growth,” said Estée Lauder Cos. chief executive officer Fabrizio Freda. “Andrew’s widely recognized industry leadership along with his depth of expertise in retail strategy, merchandising, format renewal and marketing will help us continue to drive long-term profitable growth and remain a global leader in prestige beauty.”
Ross steps into the new role Sept. 1. He currently serves as executive vice president and chief strategy officer at ConAgra Foods Inc. There, he led the formation of the company’s corporate strategy, overseeing the company’s portfolio strategy for M&A. Before that, he was a principal at McKinsey & Co. Inc., where he led the global retail and consumer goods pillar for roughly a decade. At McKinsey, he was known for shaping global and national growth strategies for consumer and retail companies.
At Estée Lauder, Ross will report to Freda and Tracey Travis, chief financial officer and executive vice president, global finance and strategy.
“Andrew brings a wealth of global strategic experience across the consumer goods, retail and consulting sectors,” Travis said. “Andrew’s significant track record of shaping global growth, coupled with his proven ability to translate opportunities and challenges from ideas into actionable global strategies, positions him well to take on this very important role for our company.
Estée Lauder has made a handful of appointments and promotions recently, including Jean-Guillaume Trottier as brand president of Jo Malone and Julie Van Ongevalle as senior vice president and general manager of Origins. Before that, Estée Lauder named Israel Assa to a newly created position, senior vice president and general manager of business operations, travel retail worldwide.