Lauder

UNDER ARMOUR ANNOUNCES LEADERSHIP TRANSITION

Retrieved on: 
Wednesday, March 13, 2024
University of Cambridge, Growth, Allianz, Financial Times, Chairperson, University, Private sector, Bloomberg L.P., Athlete, Real-time, UAA, Queens' College, Cambridge, International Monetary Fund, PIMCO, Bangladesh Technical Education Board, Lauder, Marketing, Plank, Lead, Management

BALTIMORE, March 13, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that Kevin Plank will become President & Chief Executive Officer, effective April 1, 2024. Plank will succeed Stephanie Linnartz, who will be stepping down as President & Chief Executive Officer and member of the Board. In connection with Plank's appointment, Dr. Mohamed A. El-Erian, an independent director since 2018 and Lead Director since 2020, will become the non-executive Chair of the Board. Plank, who will transition from Executive Chair of the Board, will remain a director. Linnartz will remain an advisor to the company through April 30, 2024.

Key Points: 
  • Plank, who will transition from Executive Chair of the Board, will remain a director.
  • "On behalf of the full team, I want to thank Stephanie for her contributions to Under Armour.
  • "During her tenure, she strengthened the leadership team with executive hires in critical areas, including product, design, supply chain, consumer connectivity, and regional management.
  • Plank founded Under Armour in 1996, and since then, he has been the driving force behind its innovative products and brand.

RONALD S. LAUDER, PRESIDENT OF THE WORLD JEWISH CONGRESS AND A GLOBAL STATESMAN FOR THE JEWISH COMMUNITY APPLAUDS BIDEN ADMINISTRATION AS ISRAEL IS INVITED INTO THE US VISA WAIVER PROGRAM

Retrieved on: 
Wednesday, September 27, 2023
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NEW YORK, Sept. 27, 2023 /PRNewswire/ -- Reacting to the U.S. government's invitation to the State of Israel to join the Visa Waiver Program, World Jewish Congress President Ronald S. Lauder said:

Key Points: 
  • I also congratulate Israel and commend the successive governments and dedicated civil servants who have worked tirelessly toward Israel's acceptance.
  • "Two years ago, President Biden publicly pledged that the U.S. would help Israel in "fulfilling the requirements" for entry into the program.
  • Today, U.S. officials announced that Israel will become the 41st country to join this coveted program.
  • By virtue of its entry into the program, VWP is strengthening security ties between the U.S. and Israel.

Wharton School’s Baker Retailing Center and the Retail Leaders Circle to Honor Leonard A. Lauder With Retail Excellence Award

Retrieved on: 
Wednesday, September 27, 2023
Online Retail, Education, Retail, Other Consumer, Consumer, Other Retail, University, International, Rainbow, Lauder, Medicine, Research, Penn, Marketing, Rainbow Room, Aveda, Jay, Wharton School of the University of Pennsylvania, Student, MAC, Beauty, Joseph, Collection, Florida Board of Governors, Faculty, Management, Widener University Commonwealth Law School, Metropolitan, Metropolitan Museum of Art, Art

The Jay H. Baker Retailing Center at the Wharton School of the University of Pennsylvania and the Retail Leaders Circle today announced that Leonard A. Lauder, Chairman Emeritus of The Estée Lauder Companies, will receive the Retail Excellence Award for his outstanding contributions to the retail and beauty sectors, along with his philanthropic endeavors in academia, medicine and art.

Key Points: 
  • The Jay H. Baker Retailing Center at the Wharton School of the University of Pennsylvania and the Retail Leaders Circle today announced that Leonard A. Lauder, Chairman Emeritus of The Estée Lauder Companies, will receive the Retail Excellence Award for his outstanding contributions to the retail and beauty sectors, along with his philanthropic endeavors in academia, medicine and art.
  • Lauder will be honored at an exclusive dinner event on Monday, October 16, 2023, at the Rainbow Room in New York City.
  • Leonard is a proud alumnus of the University of Pennsylvania’s Wharton School and has provided philanthropic support for various Penn programs throughout the years.
  • Lauder is also co-founder of the Alzheimer’s Drug Discovery Foundation, which provides funding for clinical trials on a global scale.

Leonard A. Lauder Decides Not to Stand for Re-Election to The Estée Lauder Companies Board of Directors

Retrieved on: 
Thursday, August 24, 2023
Cosmetics, Retail, Luxury, Fashion, Marketing, Whitney Museum, Lauder, Council, Aveda, Wharton School of the University of Pennsylvania, Le Labo, Foreign policy, Origin, DECIEM, Management, BS, Beauty, University, Penn State Board of Trustees, Politics, Whitney, Aspen, Memorial, Breast Cancer Research Foundation, Growth, Entrepreneurship, Aspen Institute, Skin care, NIOD, Advisory Committee, Business, Breast, Silicon, Fleming Companies, Inc, Stanford Graduate School of Education, PARIS, NEXT Woman of the Year awards, Education, Bobbi Brown, Stanford Graduate School of Business, Breast cancer, Board of Governors of the United States Postal Service, Widener University Commonwealth Law School, Economics

Pursuant to the stockholders’ agreement among Lauder family members and the Company, Leonard Lauder has the right to designate two directors of the Company.

Key Points: 
  • Pursuant to the stockholders’ agreement among Lauder family members and the Company, Leonard Lauder has the right to designate two directors of the Company.
  • In addition to his son William P. Lauder, who serves as Executive Chairman, Leonard Lauder has designated his son Gary M. Lauder to serve on the Board.
  • Leonard Lauder formally joined The Estée Lauder Companies in 1958 and served as President from 1972 to 1995 and as Chief Executive Officer from 1982 to 1999.
  • In addition to his activities with The Estée Lauder Companies, Leonard Lauder is extremely involved in the worlds of education, art, politics, and philanthropy.

How To Prepare For The AI Innovation Revolution In Marketing

Retrieved on: 
Thursday, April 27, 2023
Marketing, Culture, Wharton School of the University of Pennsylvania, Sculpture, Lauder, Innovation, Research, Wind, University of Pennsylvania, Creativity, Grounds For Sculpture, University, AI, Grounds, Conference, Management, Bose

PRINCETON, N.J., April 27, 2023 /PRNewswire/ -- NetElixir, one of the fastest-growing independent digital marketing agencies in the United States, just announced a brand new webinar with Jerry Wind, the Lauder Professor Emeritus and Professor of Marketing at The Wharton School at The University of Pennsylvania, as well as a board member for Amelia.

Key Points: 
  • NetElixir hosts new webinar with Wharton Professor Jerry Wind to help retailers prepare for the future of marketing.
  • Join NetElixir's Founder and CEO, Udayan Bose, live on Thursday, May 18th at 11 AM EST to participate in the live fireside chat with Professor Jerry Wind as the pair discuss Innovation and AI: How To Prepare For The Future Of Digital Marketing .
  • I'm honored to welcome Jerry Wind back to speak with NetElixir and share his thoughts on what AI means for marketing.
  • Professor Wind's recent research explores marketing-driven business strategy, creativity and innovation, and AI for customer engagement.

Sara Moss to Retire From the Estée Lauder Companies

Retrieved on: 
Tuesday, April 25, 2023
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Today, The Estée Lauder Companies Inc. (NYSE:EL)("ELC") announced that Sara Moss, Vice Chairman, The Estee Lauder Companies, has made the decision to retire, effective July 1, 2023.

Key Points: 
  • Today, The Estée Lauder Companies Inc. (NYSE:EL)("ELC") announced that Sara Moss, Vice Chairman, The Estee Lauder Companies, has made the decision to retire, effective July 1, 2023.
  • A recognized thought leader, collaborative partner, and keen legal and business strategist, Sara served as a trusted advisor to the business, the Board of Directors and the Lauder Family throughout her tenure.
  • Sara has been a true champion of the company’s initiatives in Inclusion, Diversity and Equity and philanthropy.
  • “Sara will be leaving a legacy of true dedication, passion, and professionalism at ELC,” said Leonard A. Lauder, Chairman Emeritus.

Lauder Family Donates $200 Million to Alzheimer's Drug Discovery Foundation for Development of Novel Methods to Prevent, Diagnose, Treat, and Cure Alzheimer's Disease

Retrieved on: 
Tuesday, April 4, 2023
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NEW YORK, April 4, 2023 /PRNewswire/ -- The Alzheimer's Drug Discovery Foundation (ADDF) today announced that Leonard A. Lauder and Ronald S. Lauder, along with the entire third generation of their family, William Lauder, Gary Lauder, Aerin Lauder Zinterhofer, and Jane Lauder, have committed $200 million to accelerate the discovery and development of drugs to prevent and treat Alzheimer's disease. This is the largest gift ever given to the ADDF – underscoring the Lauder family's dedication to curing Alzheimer's.

Key Points: 
  • "Alzheimer's disease doesn't affect just one person, it impacts entire families," said Leonard A. Lauder, Co-Chairman and Co-Founder of the ADDF.
  • "That is why this family gift sets the stage for the next generation to tackle and ultimately end this devastating disease.
  • We are seeing important progress, and we feel confident that this gift will build on the current momentum to cure Alzheimer's disease."
  • "This disease cannot be solved in a vacuum, and the Lauder family understands no one goes through Alzheimer's alone.

Steady Stream of Multimillion Dollar Gifts Propels Cox Science Center and Aquarium

Retrieved on: 
Monday, January 2, 2023
Momentum, Strategic planning, South Florida Science Center and Aquarium, Museum, Engineering, History, Education, Elementary and Secondary Education Act, Student, Computer science and engineering, CSCA, Biology, Partnership, Florida Atlantic University, Growth, Cox, Lauder, Memory, WEST, STEM, Science center, Water, Coral Reefs, FIRST, School District of Palm Beach County, School, Software, Research, Koch, Pharmaceutical industry, Management, Toy, Interior design, Tourism, STEAM, Science, Griffin, Citadel

WEST PALM BEACH, Fla., Jan. 2, 2023 /PRNewswire/ -- The Cox Science Center and Aquarium (CSCA) is starting 2023 with momentum for a newly increased capital campaign goal of $85 million. On the heels of a pre-holiday gift of $8 million from Citadel founder and CEO Ken Griffin, leadership for CSCA announced two additional $5 million gifts from Leonard Lauder and the David H. Koch Foundation.

Key Points: 
  • We know Palm Beach County deserves a new, cutting-edge science center and our supporters agree."
  • Whether inspired by education opportunities or their grandchildren's love of the Science Center, all three of the most significant recent gifts reflect a love of water.
  • His funding is earmarked for the CSCA's new aquarium, featuring 200,000 gallons to take visitors through the Everglades, Florida's inland rivers and Gulf Stream waters.
  • When I look at the creative ways the Cox Science Center engages young people, I'm absolutely thrilled.

bitewell, a Rising Star in FoodHealth, Pioneers Healthy Food Benefits for Employers

Retrieved on: 
Wednesday, November 2, 2022
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DENVER, Nov. 2, 2022 /PRNewswire/ -- bitewell unveils its B2B 'food as medicine' marketplace, allowing employers to provide healthy food as a benefit for employees. Given the impact of The Great Resignation employers are tapping into unique benefits to attract and retain talent. Employees  are increasingly looking for 'total wellness' benefits, which is evident with the rise of fitness, wellness & mental health benefit offerings. Foodhealth is the next massive category and bitewell has emerged as a corporate benefit pioneer by providing companies and their employees with healthy food that can be all or partially subsidized by insurance.

Key Points: 
  • Given the impact of The Great Resignation employers are tapping into unique benefits to attract and retain talent.
  • Employees are increasingly looking for 'total wellness' benefits, which is evident with the rise of fitness, wellness & mental health benefit offerings.
  • Employers can upload a food stipend into their team's account to incentivize healthier food decisions.
  • Purpose-built by food lovers, nutrition experts and technologists to be the smartest place to shop for food, bitewell is a healthy food marketplace that works directly with employers to provide food health benefits, reducing insurance premiums and improving health for users.

InfuSystem Appoints R. Rimmy Malhotra to the Board of Directors

Retrieved on: 
Friday, September 23, 2022
Oncology, Medical Supplies, Medical Devices, Health, Physical Therapy, Managed Care, Computer science, Securities Exchange Act of 1934, Lauder, University, COVID-19, NYSE, Economics, Employee Retirement Income Security Act of 1974, ITS, Contract, Company, Growth, Form 10-K, Wharton School of the University of Pennsylvania, Partnership, Securities Act of 1933, Excellent, Forward-looking statement, Investment, Risk, Pain management, International relations, Founder, Johns Hopkins University, Lymphedema, Share repurchase, Board, Form 10-Q, Annual report, Risk management

Scott Shuda, Chairman of InfuSystems Board of Directors, said, We are pleased to welcome Rimmy as a new independent director on InfuSystems Board.

Key Points: 
  • Scott Shuda, Chairman of InfuSystems Board of Directors, said, We are pleased to welcome Rimmy as a new independent director on InfuSystems Board.
  • Rimmy first invested in the Company in 2012, and has an earned reputation as a particularly attentive shareholder.
  • I have long admired InfuSystem, and believe the Company has opportunity to significantly expand its business to the benefit of all stakeholders, said Mr. Malhotra.
  • Since November 2019, Mr. Malhotra has been a member of the Board of Directors of Optex Systems Holdings, Inc., an optical systems manufacturer, and also sits on the board of Scotts Liquid Gold.