The Estée Lauder Companies Inc. (NYSE:EL) announced today that Michael Smith has joined the Company in the role of Senior Vice President, Global Information Services (GIS) and Chief Information Officer. Mr. Smith began in this position on August 28, 2017, reporting to Tracey T. Travis, Executive Vice President and Chief Financial Officer.
Mr. Smith is a seasoned leader who brings a mix of Information Technology (IT), commercial and functional experience to this leadership role. Leveraging his experience, Mr. Smith will further advance innovation in IT applications and infrastructure to effectively support and enable the Company’s growth strategy and the evolving needs of its brands and business. In addition to managing the day-to-day technical operations, he will place a special focus on driving global technology solutions in key strategic areas for the Company, notably retail, digital, social and analytics.
“Consumer preferences, powered by new technologies, are rapidly changing the beauty industry. Michael’s forward-thinking approach to technology and commerce combined with his deep expertise in building innovative digital and analytics capabilities will further advance our brands’ growing technology needs and maximize our leadership potential in innovative technology,” Ms. Travis said.
Mr. Smith joined the Company from Boma Technologies, a technology consulting company that he founded and served as Chief Executive Officer, specializing in technology and management advisement for the sports, life sciences and technologies industries. For more than 25 years, Mr. Smith held various technology leadership positions, including four years with Mylan NV, a global pharmaceuticals company, where he was Global Head of Digital and Innovation and Global Business Services. Mr. Smith also spent 22 years with Nike, Inc. in multiple brand and technology roles, including Senior Director, Brand Product and Marketplace Solutions and Senior Director, Enterprise Solutions and Technology. Mr. Smith is currently a member of multiple advisory boards, including Valintine & Cautreels, a healthcare company; CausePoint a technology company; and Incture, a software company.
About The Estée Lauder Companies Inc.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M·A·C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.