Leonard A. Lauder the son of Estée and Joseph Lauder, founders of the Estée Lauder beauty brand – has decided not to stand for re-election to The Estée Lauder Companies’ Board of Directors at the annual meeting in November.
Gary Lauder joins the board
Mr. Lauder, who will remain chairman emeritus of the company, has designated his son William P. Lauder, who serves as Executive Chairman, his son Gary M. Lauder to serve on the Board.
Gary Lauder is the Managing Director of Lauder Partners LLC,.
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The Este Lauder Companies announced today that Chairman Emeritus Leonard A. Lauder has informed the Company of his decision not to stand for reelection to the Companys Board of Directors the Board at the annual meeting in November.