Senior Tag

L Catterton looks to be eyeing prestige beauty with the appointment of John Demsey as senior adviser. While no official announcement was made, Demsey is listed on the investment firm’s site as a senior adviser. A representative for L Catterton declined to comment, while Demsey didn't not reply to request for comment. Demsey was most recently an executive group president on the Estée Lauder Cos., overseeing a few of its key brands, including MAC, Estée Lauder, Tom Ford Beauty and Clinique. He was asked to go away the business last 12 months after he posted a meme on Instagram that contained a racial slur and joke about COVID-19. In its annual report, the Estée Lauder Cos. stated that Demsey’s non-compete provision would last two years until...