Advertisement
Canada markets closed

  • S&P/TSX

    24,690.48
    +129.28 (+0.53%)
     

  • S&P 500

    5,841.47
    -1.00 (-0.02%)
     

  • DOW

    43,239.05
    +161.35 (+0.37%)
     

  • CAD/USD

    0.7248
    -0.0025 (-0.34%)
     

  • CRUDE OIL

    70.84
    +0.17 (+0.24%)
     

  • Bitcoin CAD

    93,018.87
    -492.51 (-0.53%)
     

  • XRP CAD

    0.75
    -0.01 (-0.69%)
     

  • GOLD FUTURES

    2,707.90
    +0.40 (+0.01%)
     

  • RUSSELL 2000

    2,280.85
    -5.82 (-0.25%)
     

  • 10-Yr Bond

    4.0960
    +0.0800 (+1.99%)
     

  • NASDAQ futures

    20,409.50
    +41.50 (+0.20%)
     

  • VOLATILITY

    19.11
    -0.47 (-2.40%)
     

  • FTSE

    8,385.13
    +56.06 (+0.67%)
     

  • NIKKEI 225

    38,911.19
    -269.11 (-0.69%)
     

  • CAD/EUR

    0.6690
    -0.0001 (-0.01%)
     

Estee Lauder names Akhil Shrivastava as CFO

Reuters
·1 min read
FILE PHOTO: An Estee Lauder cosmetics counter is seen in Los Angeles

(Reuters) - Estee Lauder said on Tuesday insider Akhil Shrivastava will succeed Tracey Travis as the MAC lipstick maker's finance chief, following her decision to retire after 12 years in the role.

Shrivastava will assume his new role effective Nov. 1, and Tracey will remain at the company until her retirement on June 30, 2025, to support a seamless transition, the company said.

Before joining Estee Lauder in 2015, Shrivastava spent 18 years at Procter & Gamble in several finance and leadership roles.

Under Travis' leadership, Estee Lauder significantly strengthened its finances, made extensive investments in innovation and digital transformation, and also completed several acquisitions.

(Reporting by Granth Vanaik in Bengaluru and Sneha S K; Editing by Alan Barona and Sriraj Kalluvila)