As senior vice president of new business development for Estée Lauder Cos. (NYSE: EL), Lori Haram implements the company’s M&A strategy. Estée Lauder aims to grow by at least one percent annually via acquisitions.
Haram is responsible for identifying, evaluating and negotiating acquisitions, joint ventures and licensing activities. She has led several acquisitions, including: fragrance company Editions de Parfums Frédéric Malle; skincare brand Glamglow; fragrance distributor Le Labo; and skincare brand Rodin olio lusso. And she was instrumental in developing the business unit responsible for nurturing new brands.