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Deciem — Company research | Choice 6 Choice score Out of 100

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In October 2018, Deciem founder and CEO Brandon Truaxe announced on Instagram that the company would close operations, alleging major financial crimes without specifying them. Estée Lauder sought court intervention; a Canadian court removed Truaxe as CEO and board member, installed Nicola Kilner as sole CEO, and restricted his contact with the company and its social media.

Against Corporate conduct
Sources
https://www.vox.com/the-goods/2018/10/9/17957036/deciem-brandon-truaxe-shutting-down-instagram
Brandon Truaxe is the founder and CEO — though he likes to say his official title is “worker” — of Deciem, one of the buzziest skin care companies on the planet right now. When he launched the company, five years ago, it was immediately the talk of the beauty world. At this point, though, the cult of personality that he embodies has overshadowed the skin care company he built to the point that he is no longer in charge of the company he founded. Deciem’s sales have hit $300 million, which is significant for a company best known for its inexpensive products, specifically from its marquee brand, The Ordinary. Kim Kardashian publicly claimed her love of one of the serums, which costs less than $10. Deciem has over 370,000 Instagram followers and a Facebook fan group that is 58,000 strong. Estée Lauder even took a minority stake in the company because of its unique brand proposition and incredible growth. But recently its products and business model have been eclipsed by Truaxe himself. While most CEOs stay safely behind the curtain, Truaxe placed himself into the fray. The unconventional beauty brand founder’s exploits have been followed rabidly by those both interested in incredibly affordable skin care and those who just love messy gossip. As Deciem’s sub-brand the Ordinary gains popularity for its $9 acids, its founder gains notoriety for his incendiary and even offensive Instagram presence. He’s used the platform to insult fans, cancel partnerships, and even posted a photo of an impoverished-looking New Yorker in front of one of the brand’s stores. In a video on Deciem’s Instagram, which has now been deleted, Truaxe said: “This is the final post of Deciem. ... We will shut down all operations until further notice, which will be about two months. Please take me seriously.” The location of the video was tagged as the White House. (It’s not clear that he is actually there, but the likelihood is low. He sometimes uses creative tagging to make points in his posts.) He went on to say, “Almost everyone at Deciem has been involved in major criminal activity, which includes financial crimes.” The largely incoherent message was paired with a long, rambling caption in which he called out many in the company’s inner circle, then went on to name hotels, restaurants, other cosmetic companies, “so many porn ‘studios,’”

In a May 2018 open letter, Deciem founder Brandon Truaxe alleged that shareholders had committed financial wrongdoing and that colleagues wrongly sought to have him placed in a London psychiatric hospital. He said hospital staff found no mental issue or drug use, and demanded that named employees affirm their loyalty. These were his claims, not established findings.

Against Corporate conduct
Sources
https://www.thecut.com/2018/05/deciem-ceo-brandon-truaxe-published-an-open-letter.html
According to Truaxe, there’s a open inquiry into “financial wrongdoings/crimes of one and/or more of DECIEM’s shareholders.” After providing “significant material information,” he says he was concerned for his safety, leading to the distress and 911 call posted on Instagram a few weeks ago.
https://www.thecut.com/2018/05/deciem-ceo-brandon-truaxe-published-an-open-letter.html
Truaxe assures everyone that he is fine, stating, “Please do not worry about my safety at all.” But he’s upset at several people who didn’t believe he was okay and calls them out by name, among them Ali, Riyadh [perhaps Swedaan, manager of the Toronto factory], Shamin [Mohamed Jr., Deciem’s director of operations], and Jonathan [Behar]. “You should have listened to my several emails to you saying the same thing over and over again: listen to your soul, not others,” he writes. They are instructed to email him to confirm their allegiance.
https://www.thecut.com/2018/05/deciem-ceo-brandon-truaxe-published-an-open-letter.html
He alleges that shareholders tried to wrongly send him to a mental hospital following the “arrest,” claiming he was “addicted to drugs.” He places blame on a few people for this including ex-co-CEO Nicola Kilner, whom he calls, “STUPID” (in all caps), insinuating that she is being “heavily investigated.”
https://www.thecut.com/2018/05/deciem-ceo-brandon-truaxe-published-an-open-letter.html
Someone named Jonathan (perhaps Behar, his lawyer) will be forever on his bad side for not believing Truaxe. He says:

In October 2018, former Deciem employees alleged that founder Brandon Truaxe made racist remarks to staff and yelled at others. Reports also said Truaxe had fired employees, including co-CEO Nicola Kilner, who was later rehired, and publicist Dakota Isaacs. Estée Lauder said it supported Kilner and Deciem’s employees after the court ruling.

Against Labor & working conditions
Sources
https://www.businessinsider.com/deciem-shut-down-founder-announces-instagram-2018-10?op=1
Months later, a group of former employees came out with allegations against Deciem and Truaxe, and said that the "Abnormal Beauty Company" founder allegedly made racist remarks to employees and yelled at others.

In October 2018, Deciem founder Brandon Truaxe said on Instagram that the company would close temporarily and alleged employees were involved in criminal activity; he also threatened prosecution and named celebrities without explaining their alleged connection. Estée Lauder sought his removal, and an Ontario judge granted its application, appointing Nicola Kilner interim CEO and authorizing an investigation into his claims. Truaxe had also posted

You decide Animal welfare
Sources
https://www.businessinsider.com/deciem-shut-down-founder-announces-instagram-2018-10?op=1
On October 8, Truaxe claimed that the company would be temporarily shut down in a now-deleted Instagram video post.
https://www.businessinsider.com/deciem-shut-down-founder-announces-instagram-2018-10?op=1
A few days later, Truaxe shocked his audience once again when he posted a photo of a dead sheep on Instagram, which has also been deleted. In the caption of the photo, which some readers may find upsetting, Truaxe wrote that Deciem "will never test on animals.
https://www.businessinsider.com/deciem-shut-down-founder-announces-instagram-2018-10?op=1
"This is the final post of Deciem, which we will shut down all operations until further notice — which is about two months," Truaxe said at the start of the video.
https://www.buzzfeednews.com/article/leticiamiranda/deciem-founder-brandon-truaxe-ousted-skincare-estee-lauder
On Monday, Truaxe posted a rambling video to Deciem’s official Instagram account, in which he said the company was immediately shutting down and accused his colleagues of being “involved in a major criminal activity.”

In October 2018, Ontario judges granted Estée Lauder’s applications to remove Deciem founder Brandon Truaxe from leadership and restrict his actions. One order stripped his CEO title and board seat; another barred contact with or proximity to Leonard Lauder and Andrew Ross, and visits to company properties, after an email warned of possible harm. Estée Lauder’s claims of erratic conduct and business harm were allegations; a court-appointed review

You decide Corporate conduct
Sources
https://www.wsj.com/articles/court-issues-restraining-order-against-skin-care-entrepreneur-1540152092
A judge with the Superior Court of Justice of Ontario issued an order Friday that restricts Mr. Truaxe from communicating with or coming within 300 meters of the residences of Mr. Lauder and Andrew Ross, Estée Lauder’s senior vice president of strategy, or visiting company properties. The ruling was requested by Estée Lauder and came a day after the two men received an email from Mr. Truaxe warning that he was on his way to New York to confront and potentially harm them following his dismissal earlier this month from Deciem, which he founded in 2013.
https://www.buzzfeednews.com/article/leticiamiranda/deciem-founder-brandon-truaxe-ousted-skincare-estee-lauder
Brandon Truaxe, the founder of cult skin care line Deciem, was ousted from his role Friday after its parent company Estée Lauder told a Canadian court he has caused “irreparable harm” to the business.
https://www.vox.com/the-goods/2018/10/9/17957036/deciem-brandon-truaxe-shutting-down-instagram
The creator of the low-price skin care brand The Ordinary has been ousted after a year of erratic behavior, and now has a restraining order against him.
http://web.archive.org/web/20250818111429/https://www.forbes.com/sites/pamdanziger/2018/10/12/estee-lauder-files-suit-to-rid-deciem-of-its-founder-brandon-truaxe/
Today an Ontario judge ruled in Estée Lauder’s favor and removed Truaxe as CEO and member of the board. Existing Deciem co-CEO Nicola Kilner will assume command.
http://web.archive.org/web/20250818111429/https://www.forbes.com/sites/pamdanziger/2018/10/12/estee-lauder-files-suit-to-rid-deciem-of-its-founder-brandon-truaxe/
Citing the “extremely erratic, disturbing and offensive behavior” of Brandon Truaxe, the founder of cult-beauty brand Deciem, minority-shareholder Estée Lauder stepped in with a lawsuit to have him dismissed from the company’s board of directors, barred from hiring and firing and issuing statements on the company’s social media accounts.
https://www.buzzfeednews.com/article/leticiamiranda/deciem-founder-brandon-truaxe-ousted-skincare-estee-lauder
A Canadian judge granted Estée Lauder’s request to remove Brandon Truaxe from the company for “causing irreparable harm to Deciem’s business.”
https://globalnews.ca/news/4541287/deciem-estee-lauder-brandon-truaxe/
Brandon Truaxe was ousted from his role as the company’s chief executive and board member on an interim basis after a judge approved an Ontario court application from Estee Lauder Companies Inc., which holds a one-third stake in Deciem.
https://www.wsj.com/articles/judge-strips-founder-of-deciem-skin-care-brand-of-ceo-title-board-seat-1539373696
Minority investor Estée Lauder Cos. pushed for Brandon Truaxe’s removal after he unexpectedly announced Deciem operations would close

Deciem founder Brandon Truaxe died in January 2019, aged 40, after falling from a condominium building in Toronto, according to the report. Police said the death was not considered suspicious, and foul play was not suspected. Deciem CEO Nicola Kilner announced his death to staff; the company later said it would continue his vision.

Against Corporate conduct
Sources
https://www.queerty.com/openly-gay-deciem-founder-dead-40-posting-unsettling-video-instagram-20190122/
He would often post major business announcements to Instagram, CC reporters on sensitive internal company emails, and, last October, he abruptly shut down operations after claiming the company was guilty of financial crimes, which ultimately resulted in him being ousted from his job.

In May 2018, Deciem founder Brandon Truaxe said he would begin making claims against the company’s shareholders, including minority investor Estée Lauder and business partner Pasquale Cusano, who the report said owned 28% of Deciem. The evidence describes a stated plan, not whether claims were filed or what followed.

You decide Corporate conduct
Sources
https://www.thecut.com/2018/05/deciem-ceo-brandon-truaxe-published-an-open-letter.html
Truaxe says he will be making claims against Estée Lauder (a minority shareholder) and Pasquale Cusano (Truaxe’s other business partner, who owns 28 percent of Deciem).

In a May 2018 message, Deciem founder Brandon Truaxe told Mohammed Ali Iranpana, whom he identified as the first employee of fragrance brand Avestan, to join the brand by June 1. Truaxe warned that otherwise he would question whether Iranpana had been “brainwashed” into becoming an accomplice to alleged crimes.

Against Corporate conduct
Sources
https://www.thecut.com/2018/05/deciem-ceo-brandon-truaxe-published-an-open-letter.html
He includes a note for Mohammed Ali Iranpana, whom he identifies as the first employee of Deciem’s new fragrance brand Avestan:

After taking over Deciem’s Instagram account, founder Brandon Truaxe drew criticism for an advertisement in which The Ordinary mocked skin-care brand Drunk Elephant. He later apologized for the ad in an Instagram post that was subsequently deleted.

Against Corporate conduct
Sources
https://www.businessinsider.com/deciem-shut-down-founder-announces-instagram-2018-10?op=1
After his first post on the brand's account, Truaxe came under fire for a variety of other incidents, including an advertisement in which The Ordinary mocked skin-care brand Drunk Elephant. He later apologized for the ad in a now-deleted Instagram post.

When Deciem founder Brandon Truaxe first took over the company’s Instagram account in January 2017, he promised in a post—later deleted—to respond to every comment customers left.

In favor Corporate conduct
Sources
https://www.businessinsider.com/deciem-shut-down-founder-announces-instagram-2018-10?op=1
Truaxe first took over his brand's Instagram account in January 2017. In his first post on the account, which has since been deleted, he promised to respond to each and every comment left by customers.

In a May 2018 open letter, Deciem founder Brandon Truaxe told the company’s social team not to change the Instagram password without his approval. He asserted that he was then and remained the company’s CEO and highest executive authority.

Against Corporate conduct
Sources
About & ownership
Category
Cosmetics
Owned by
Estée Lauder Companies
Website
deciem.com

Brandon Truaxe · Founder

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