Tom Ford names new executive team
By Dean Blake
Luxury fashion brand Tom Ford has announced Guillaume Jessel as its new president and CEO, and Peter Hawkings as its creative director.
The appointments come following Tom Ford’s acquisition by the Estée Lauder Companies in November 2022, which will see founder Tom Ford and chairperson Domenico De Sole stay on as consultants until the end of calendar 2023.
“Guillaume is an exceptional leader, with not only a strong business understanding of beauty, but a great understanding of fashion as well,” Ford said.
“These companies, under the brand stewardship of The Estée Lauder Companies, provide me with confidence that the Tom Ford brand will continue to be something that I will be proud of for many years to come.”
Jesel previously headed up Tom Ford Beauty, and has worked with Ford for almost a decade. Meanwhile, Hawkingshas been at the business for almost 25 years, most recently as senior vice president of Tom Ford Menswear.
Adore Beauty founders to step back from management roles
By Kaycee Enerva
Adore Beauty’s co-founders and executive directors, Kate Morris and James Height, are to step down from their roles as chief of innovation and chief data officer, respectively, however, both will remain non-executive directors and continue supporting the company’s growth alongside CEO Tamalin Morton.
Marina Go, Adore Beauty Chair, praised Morris and Height for creating and building a successful and innovative business.
“The recent appointment of CEO Tamalin Morton, who has a history of delivering growth, supported by a very talented and diverse executive team, make it the right time for both to step back from the operational running of the business,” said Go.
The co-founders said they remain committed to the company and its future growth prospects, and they have no plans to sell their shares.
In the latest quarter ending on March 3, Adore Beauty delivered revenue of $41.3 million, aided by a record Afterpay Day sales event.
However, the company said that the year-on-year comparisons from Q3 2022 were challenging due to the high levels of Omicron and mandated isolation in the prior period, which drove consumption online.
Venessa Hudson to succeed Alan Joyce as Qantas CEO
By Dean Blake
Qantas has named current chief financial officer Vanessa Hudson as its next CEO and managing director. Hudson will take over from retiring CEO Alan Joyce in November.
The business’ first female CEO, Hudson has worked for Qantas for the past 28 years and has held a number of executive positions.
“Vanessa has a deep understanding of this business after almost three decades in a range of roles both onshore and offshore, across commercial, customer and finance,” Qantas chair Richard Goyder said.
“For the past five years Vanessa has had a direct hand in shaping our strategy as a member of the group management committee, and her handling of the finance and treasury portfolio during the Covid crisis was outstanding.
“Vanessa will be supported by a deep bench of executives across the organisation as well as the board.”
Joyce wanted to retire prior to the Covid-19 pandemic, but stayed on in order to keep operations at the airline as routine as possible through a disruptive environment.
“My focus will be delivering for those we rely on and who rely on us – our customers, our employees, our shareholders and the communities we serve,” Hudson said.
