Estée Lauder’s Fabrizio Freda named one of World’s Best CEO’s by Barron’s
Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies, has been named to the highly prestigious Barron’s list of the World’s Best CEOs in 2018.
Thirty top CEOs were announced to Barron’s World’s Best CEOs 2018 list. Fabrizio and The Estée Lauder Companies join other top performing organizations and executives, including Larry Fink (BlackRock), Warren Buffet (Berkshire Hathaway), Jeff Bezos (Amazon), Jamie Dimon (JP Morgan Chase), Robert Iger (Disney), Mark Zuckerberg (Facebook), and Larry Page (Alphabet). The formula for making Barron’s World’s Best CEOs list consists of several key ingredients, among them revenue, earnings growth and share-price performance over the past five years. Other important factors include innovation, transformation, growth, stamina, staying power, vision and leadership. Barron’s conducts interviews with investors, analysts and industry executives to identify corporate leaders who have made a significant difference to their companies and delivered results for investors, maintaining consistent profit growth and shareholder gains.
Of note, Barron’s does not rank the 30 CEOs selected; all 30 are treated as equal, each with their own unique reasons for being chosen. In Barron’s words, “Exceptional chief executives are preparing for tomorrow’s challenges by putting today’s cash windfall to good use. It’s no coincidence, then, that two themes stood out as Barron’s compiled its 14th annual list of the World’s Best CEOs: cloud savvy and smart acquisitions.” Specifically about Fabrizio, Barron’s wrote, “Fabrizio Freda at Estée Lauder (EL) has pushed a rising portion of his beauty products through high-margin channels, like airport stores and e-commerce sites, growing earnings quickly and attracting a rising price/earnings ratio for the shares.” Elaborating further in the Growth Leaders feature story, Barron’s said, “He invigorated the company with new brands, new markets, and a fresh focus on millennials… Freda, a consumer products marketing whiz… also has acquired small, upstart brands that are disrupting the industry.”
The business growth achieved under Fabrizio’s leadership as CEO has gained worldwide attention from investors, analysts, industry peers, top-tier business press and many others. It is an honor to add Barron’s World’s Best CEOs list to the much-deserved recognition of Fabrizio and The Estée Lauder Companies.
The Barron’s World’s Best CEOs list appeared on the cover of the May 26, 2018 issue. Fabrizio and The Estée Lauder Companies join the other top performing executives and organizations listed below. Click here for the full article on the Barron’s World’s Best CEOs and the Barron’s article on Growth Leaders.
Barron’s list of the World’s Best CEOs in 2018 (in alphabetical order)
- Bernard Arnault, LVMH
- Mary Barra, General Motors
- Jeff Bezos, Amazon.com
- Warren Buffett, Berkshire Hathaway
- Gary Dickerson, Applied Materials
- Jamie Dimon, JP Morgan Chase
- Richard Fain, Royal Caribbean Cruises
- Larry Fink, BlackRock
- Fabrizio Freda, The Estée Lauder Companies
- James Gorman, Morgan Stanley
- Reed Hastings, Netflix
- Jensen Huang, Nvidia
- Ma Huateng, Tencent Holdings
- Robert Iger, Walt Disney
- Hubert Joly, Best Buy
- Satya Nadella, Microsoft
- Shantanu Narayen, Adobe Systems
- Phebe Novakovic, General Dynamics
- Larry Page, Alphabet
- Aditya Puri, HDFC Bank
- Robert Sands, Constellation Brands
- Fred Smith, FedEx
- Arne Sorensen, Marriott International
- Jeffrey Sprecher, Intercontinental Exchange
- Carlos Tavares, PSA Groupe
- Jayshree Ullal, Arista Networks
- Miles White, Abbott Laboratories
- James Whitehurst, Red Hat
- Andrew Wilson, Electronic Arts
- Mark Zuckerberg, Facebook
