Richard Parsons Death: Estee Lauder Board Member Passes Away at 76

Estee Lauder Mourns the Loss of Richard Parsons

Richard Parsons’ death marks the end of an impactful career in business leadership. Parsons, a long-serving Estée Lauder Companies (ELC) Board member, passed away on December 26, 2024. Known for his wisdom and mentorship, Parsons played a vital role in guiding ELC’s leadership for over two decades.

Remembering Richard Parsons’ Contributions

The news of Richard Parsons’ death has deeply saddened the ELC family. William P. Lauder, Chairman of The Estée Lauder Companies, shared heartfelt words about Parsons’ passing. He described Parsons as a “sage counselor and steady hand,” whose integrity and optimism greatly shaped the company.

During his 20-year tenure, Parsons served on key ELC committees, including the Compensation Committee and the Nominating and ESG Committee. His guidance helped ELC navigate major milestones and challenges.

Richard Parsons’ Impressive Career

Beyond ELC, Parsons’ career spanned law, finance, and media. He previously held influential roles such as Chairman of Citigroup and Chairman and CEO of Time Warner. Additionally, he advised President Barack Obama on economic matters. His extensive experience brought invaluable insights to ELC’s leadership.

Honoring Richard Parsons’ Legacy

Parsons’ dedication and mentorship have left a lasting impact on the ELC family and the broader business community. His passing reminds us of the importance of integrity, wisdom, and leadership in corporate growth and success.

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