TOSKAN RESIGNS AT MAC
NEW YORK — Frank Toskan, founding chairman and creative director of MAC Cosmetics, has left the company.
Toskan, co-founder of the firm, will remain involved in the MAC AIDS Fund. The company, which was acquired by Estee Lauder Cos. over a three-year period, will continue to be headed by John Demsey, who as president oversees the global development of MAC.
After Lauder completed the acquisition of the company in April, Demsey established a marketing and communications headquarters for MAC in New York while the firm’s main offices and manufacturing remained in Toronto.
It was there that Toskan and his now-deceased partner Frank Angelo had founded MAC in 1985. In the process, the two partners pioneered the makeup artist movement and revolutionized the marketing of color cosmetics in North America. Angelo died in January 1997.
Leonard A. Lauder, chairman and chief executive officer of Lauder, said of Toskan: “The time and talent he devoted to MAC enabled a terrific vision to take root and grow into a cutting-edge company. The MAC philosophy, envisioned by Frank Toskan and the late Frank Angelo, was instrumental in creating one of the most fashion-forward makeup companies.”
Demsey added, “The independent spirit for which MAC is renowned will be maintained as the company evolves on a global basis.”