THE WHAT? The Estée Lauder Companies has elected Arturo Nuñez to its Board of Directors, who will also join the company’s Audit Committee.
THE DETAILS Nuñez is Chief Marketing Officer of Nu Holdings (Nubank), which is a digital banking platform headquartered in Brazil that serves customers across Brazil, Mexico, and Colombia.
The marketing exec has been with Nubank since June 2021, before which he founded AIE Creative, a branding and marketing firm. Nuñez also served as Head of Marketing, Latin America, for Apple from 2014 to 2018.
Nuñez is a Class I director, with his term expiring in November 2024. The Estée Lauder Companies Board of Directors now has 16 directors including Nuñez.
THE WHY? William P. Lauder, Executive Chairman, ELC, said, “Arturo has an impressive global business background that includes consumer-oriented experience from his current role at Nubank and his previous positions at Apple, Nike, and the NBA. We expect that our Board will benefit from Arturo’s valuable perspectives on creative marketing, modern retail, innovative technology, and consumer branding, including connecting with diverse consumers.”
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
