MAM
AAAI honours senior media planner Roda Mehta
MUMBAI: The Advertising Agencies Association of India (AAAI) has announced that the recipient of this year’s AAAI Lifetime Achievement Award is Roda Mehta. AAAI Award is the highest honour given to an individual in India for his/her outstanding contribution to the Advertising Industry. The AAAI Lifetime Achievement Award will be presented to Roda Mehta on 14 July 2017 in Mumbai.
Mehta played a legendary and pioneering role in establishing scientific media planning and buying in India. While doing so, she built a whole generation of media professionals for the advertising industry.
She joined Hindustan Thompson Associates in 1971 and became the first MBA and first woman in the Media function of an advertising agency in India. She moved to Ogilvy Benson & Mather in 1975, and rose from Media Group Head to Media Controller for Bombay Office in 1976 to representing Media for the first time on the Managing Committee of Bombay Office in 1978 to being sent to London for three months to introduce Account Planning and Research in the Indian operation in 1980 to the Board as Director – Media & Research in 1982. She transferred, as President – South in 1992, became Director -International Client Service in 1994, and Managing Consultant – the Media Network in 1996. Along the way, she pioneered Outdoor planning and buying and set up a Rural Media network to service client requirements.
Invited on several committees and associations by the industry, including the Expert Committee on TV Marketing for Doordarshan & AIR, she was Founder Member of the Market Research Society of India (MRSI) and Founder Member and Chairperson – Technical Committee of the Media Research Users Council (MRUC). She chaired MRUC from 1994-96. Ms Mehta was also on the Board of several other committees including Advisory Board – Ministry of Information & Broadcasting (Govt of India), AAAI’s Media Disputes Committee, Economic Times Advisory Panel, etc. An avidly sought after speaker at industry conferences/seminars, she served as faculty on training programs run by Ogilvy & Mather India and Asia Pacific.
Roda Mehta bagged several prestigious awards including the David Ogilvy Award for Asia Pacific & Agency of the Year Award (Public Service) 1992 for the National Literacy Mission campaign.
Currently she is associated with several non-profit organisations as a Trustee of the Lila Poonawalla Foundation, which provides scholarships and mentoring to economically challenged girls from Maharashtra for post-graduate, graduate/diploma and secondary school education; Board Member & Treasurer of Nagrik Chetna Manch, a citizen’s watchdog organization on public expenditure. She administers a very active Citizens’ Whatsapp Group for civic affairs of PMC Ward 21 and is a practitioner of Kriya Yoga.
Making the announcement, AAAI president Nakul Chopra stated, “Roda Mehta is a pioneer in more ways than one. This Award is well-deserved recognition for the stellar leadership she provided our industry and our eco-system for over two decades, during which time she also nurtured a whole generation of professional talent.”
AAAI Lifetime Achievement Award Committee – Selection former chairman Ashish Bhasin said “Roda Mehta has single-handedly played a vital role in getting due respectability for the Media function in Advertising.” Members of the Selection Committee for this Award included Sam Balsara, Srinivasan K Swamy, Ambi Parameswaran and Nakul Chopra.
Brands
Estée Lauder to shed 10,000 jobs as new boss bets on digital shift
The cosmetics giant raises its profit outlook but stays silent on a possible merger with Spain’s Puig, as job cuts deepen and a three-year sales slump weighs on the turnaround
NEW YORK: Stéphane de La Faverie is not done cutting. Estée Lauder announced on Friday that it plans to eliminate as many as 3,000 additional jobs, taking its total redundancy programme to as many as 10,000 roles, up from a previous target of 7,000 announced a year ago. The company, which owns La Mer, The Ordinary, Tom Ford, and Aveda, employs roughly 57,000 people worldwide. The mathematics of what is now being contemplated is stark.
The fresh round of cuts is expected to generate a further $200 million in savings, bringing the total annual savings from the programme to as much as $1.2 billion before taxes. That money, De La Faverie has made clear, will be ploughed back into the turnaround.
A CEO in a hurry
De La Faverie, who took the helm in January 2025, inherited a company that had endured three consecutive years of annual sales declines. His response has been to move fast and cut deep. A significant portion of the latest redundancies reflects his push to reduce headcount at US department stores, long a cornerstone of Estée Lauder’s distribution model but now a channel in structural decline. In their place, he is accelerating the shift toward faster-growing online platforms, including Amazon.com and TikTok Shop, a pivot that is reshaping not just where Estée Lauder sells but how it thinks about its customers.
The numbers are moving in the right direction
Despite the pain, there are signs the medicine is working. Estée Lauder raised its profit outlook for the remainder of the fiscal year, guiding for adjusted earnings per share in the range of $2.35 to $2.45, above analyst estimates and a notable step up from the $2.05 to $2.25 range it had guided for in February. Organic net sales growth is expected to come in at 3 per cent, the company said, at the high end of the range it set out in February.
The share price tells a mixed story. After De La Faverie took charge, the stock surged nearly 60 per cent, buoyed by investor optimism that a longtime company insider could finally arrest the decline. But 2026 has been rougher: the shares have fallen 27 per cent this year, weighed down by disappointing February results and the overhang of unresolved merger talks with Spanish beauty giant Puig Brands SA. The company gave no additional details about those discussions on Friday, leaving the market to guess.
Silence on Puig
The proposed tie-up with Puig remains the most consequential unknown hanging over Estée Lauder. A deal with the Barcelona-based group, which owns brands including Carolina Herrera and Rabanne, would reshape the global luxury beauty landscape. But with nothing new to say and a turnaround still very much in progress, De La Faverie is asking investors to trust the process.
Three years of sales declines, 10,000 job cuts, and a merger that may or may not happen. At Estée Lauder, the overhaul has barely started.
