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Fabrizio Freda Named to Barron’s World’s Best CEOs 2019 List
Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies, has been named to the prestigious Barron’s list of the World’s Best CEOs of 2019
Company Feature, Jun 15, 2019
Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies, has been named to the prestigious Barron’s list of the World’s Best CEOs of 2019, specifically to the “growth leaders” category, for the second consecutive year.
Fabrizio Freda, President and CEO
30 top CEOs were announced to Barron’s World’s Best CEOs 2019 list. Fabrizio and The Estée Lauder Companies join other top performing organizations and executives, including Mary Barra (General Motors), Jeffrey Bezos (Amazon.com), Warren Buffet (Berkshire Hathaway), Mary Dillon (Ulta Beauty), Jamie Dimon (JPMorgan Chase), Laurence Fink (BlackRock), Robert Iger (Walt Disney), Satya Nadella (Microsoft), Larry Page (Alphabet), François-Henri Pinault (Kering), Mark Zuckerberg (Facebook), among others.
The methodology for making Barron’s World’s Best CEOs list consists of several key criteria, among them revenue, earnings growth and shareholder returns. The 30 executives are not ranked, but they are separated into three groups: visionary founders, growth leaders, and change agents.
In Barron’s words, “The 30 leaders on this year’s list of the World’s Best CEOs have handled these challenges [of today] and others with great success.” Specifically about Fabrizio, Barron’s wrote, “Over nearly a decade, the former Procter & Gamble executive has more than doubled operating profitability at family-controlled Estée Lauder.” Elaborating further, Barron’s said, “Marrying data and creativity, he has freshened the company’s digital strategy and boosted its brands’ desirability among China’s luxury-focused millennials.”
Over the past 10 years, the financial success of the company achieved under Fabrizio’s leadership as CEO has gained global attention from investors, analysts, industry peers, top-tier business press and many others. From fiscal year 2009 to 2019, total stockholder return grew 1000 percent, net sales rose on average eight percent, and the company’s market cap grew from $6 billion to over $60 billion.
In addition, Fabrizio was recently named as one of the most reputable CEOs in the world by the Reputation Institute, which is the second consecutive year that Fabrizio and The Estée Lauder Companies have been named to the list. Click here for the full article on the list published by Forbes. Both of these recognitions are a reflection of the hard work and dedication of the entire global organization.
The Barron’s World’s Best CEOs list appears on the cover of the June 15, 2019 issue, which includes other top performing executives and organizations listed below. Click here for the full article on the Barron’s World’s Best CEOs.
Barron’s list of the World’s Best CEOs of 2019 (in alphabetical order):
- Mary Barra, General Motors
- Jeffrey Bezos, Amazon.com
- Warren Buffett, Berkshire Hathaway
- Gary Dickerson, Applied Materials
- Mary Dillon, Ulta Beauty
- Jamie Dimon, JPMorgan Chase
- Steve Easterbrook, McDonald’s
- Richard Fain, Royal Caribbean Cruises
- Henry Fernandez, MSCI
- Laurence Fink, BlackRock
- Reed Hastings, Netflix
- Marillyn Hewson, Lockheed Martin
- Ma Huateng, Tencent Holdings
- Robert Iger, Walt Disney
- Craig Jelinek, Costco Wholesale
- Dave Lewis, Tesco
- Brian Moynihan, Bank of America
- Satya Nadella, Microsoft
- Shantanu Narayen, Adobe
- Larry Page, Alphabet
- François-Henri Pinault, Kering
- James Robo, NextEra Energy
- Stephen Schwarzman, Blackstone Group
- Arne Sorenson, Marriott International
- Jeffrey Sprecher, Intercontinental Exchange
- Lisa Su, Advanced Micro Devices
- Jayshree Ullal, Arista Networks
- Miles White, Abbott Laboratories
- Mark Zuckerberg, Facebook
