Estee Lauder (EL) Appoints Stephane de La Faverie as CEO

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The Estée Lauder Companies Announces the Appointment of Stéphane de La Faverie as President and Chief Executive Officer

October 30, 2024 6:30 AM EDT

de La Faverie to Assume Role on January 1, 2025

William P. Lauder to Step Down as Executive Chairman, Will Remain Board Chair

NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL), a global leader in prestige beauty, today announced the Board of Directors appointment of Stéphane de La Faverie as its new President and Chief Executive Officer and member of its Board of Directors, effective January 1, 2025. Mr. de La Faverie will succeed Fabrizio Freda, who announced his intention to... More