The Estée Lauder Companies has a new senior vice president and chief information officer. The company recently named Michael Smith to the role. He reports to Estée Lauder Executive Vice President and Chief Financial Officer Tracey Travis.
Smith brings a mix of IT, commercial and functional experience to this leadership role. Using his experience, Smith will further advance innovation in IT applications and infrastructure to effectively support and enable Estée Lauder's growth strategy and the evolving needs of its brands and business. In addition to managing the day-to-day technical operations, Smith will place a special focus on driving global technology solutions in key strategic areas for the company, notably retail, digital, social and analytics.
“Consumer preferences, powered by new technologies, are rapidly changing the beauty industry," said Travis, in a company press release. "Michael’s forward-thinking approach to technology and commerce combined with his deep expertise in building innovative digital and analytics capabilities will further advance our brands’ growing technology needs and maximize our leadership potential in innovative technology."
Smith joined Estée Lauder Companies from Boma Technologies, a technology consulting company that he founded and served as CEO, specializing in technology and management advisement for the sports, life sciences and technologies industries. For more than 25 years, Smith held various technology leadership positions, including four years with Mylan NV, a global pharmaceuticals company, where he was global head of digital and Innovation and global business services. Smith also spent 22 years with Nike, Inc. in multiple brand and technology roles, including senior director, brand product and marketplace solutions and senior director, enterprise solutions and technology.