SHEARER, SKARKEY PROMOTED AT COSMAIR DIVISIONS
Byline: Jenny B. Fine
NEW YORK — Two key executives of Cosmair’s Lancome division — Philip Shearer and Margaret Sharkey — have been given promotions.
Shearer has been named president and general manager of Lancome while Margaret Sharkey, formerly deputy general manager and senior vice president of marketing and advertising, has been named general manager of Cosmair’s Helena Rubinstein division.
Shearer previously was senior vice president and general manager of Lancome since 1994, when he joined Cosmair Inc., L’Oreal’s U.S. subsidiary.
From 1988 to 1992, Shearer was managing director of Lancome U.K., before becoming president and managing director of Lancome’s Parfums et Beaute in Japan.
Sharkey, who will assume her new post June 1, joined Cosmair in 1976 in the marketing department of Lancome, where she rose to the position of vice president. In 1988, she became general manager of Biotherm, and was appointed to her current position three years later.
L’Oreal acquired Helena Rubinstein in 1988 and currently distributes the brand in over 40 countries in Europe, South America and Asia.
Plans to reintroduce the line in the U.S., where it was discontinued in the early Eighties, are presently being finalized, Sharkey said, but there is not yet a firm date for its launch.