Estee Lauder reportedly suspends govt John Demsey over Instagram submit


Estee Lauder’s John Demsey attends the 2016 amfAR New York Gala at Cipriani Wall Avenue on February 10, 2016 in New York Metropolis.

Dimitrios Kambouris | Wireimage | Getty Photos

New York-based cosmetics firm Estee Lauder suspended John Demsey, an govt group president, as a result of a current Instagram submit that included a racial slur, in keeping with The Wall Street Journal.

The social media submit, which has since been faraway from Demsey’s private account, displayed a spoof guide cowl of the TV present “Sesame Avenue,” and contained the N-word and jokes about Covid-19, stated the Journal.

Estee Lauder and John Demsey weren’t instantly out there for remark when CNBC reached out.

Final Could, the chief marked 30 years at Estee Lauder. Demsey, who oversaw manufacturers like Mac and Clinique, was suspended with out pay, the report stated. The paper didn’t know the size of the suspension.

Estee Lauder shares closed Wednesday down 1.61%, at $290.93 a share.

Read the WSJ article here.

Source link

Leave A Reply

Your email address will not be published.