Estee Lauder (EL) Announces Upcoming CEO Resignation
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The Estée Lauder Companies’ President & CEO Fabrizio Freda Announces Intention to Retire at the End of Fiscal Year 2025
August 19, 2024 6:30 AM EDTBOARD OF DIRECTORS IS WELL ADVANCED IN CEO SUCCESSION PROCESS
NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) today announced that Fabrizio Freda has informed the Board of Directors of his intention to retire at the end of fiscal year 2025. The Board is well advanced in its long-established CEO succession planning process whereby the Board has considered many highly qualified internal and external candidates. Until his successor is appointed, Mr. Freda will continue to lead and oversee the Companys strategic, financial and investment... More
