Ronald S. Lauder Retires: A Milestone in the History of Estée Lauder

The Estée Lauder Companies recently announced that Ronald S. Lauder retires from its Board of Directors, effective immediately. This marks the end of an era for the renowned company. While stepping down from the Board, Lauder will continue his involvement as Chairman of Clinique Laboratories, LLC. His retirement comes after decades of influential leadership and dedication to the company.

Ronald S. Lauder’s Impact on Estée Lauder

Ronald S. Lauder’s retirement from the Board of Directors is a significant event for Estée Lauder. Ronald S. Lauder retires, but his legacy and influence remain strong within the company. He first joined the company in 1964, serving on the Board from 1968 to 1986, again from 1988 to 2009, and most recently from 2016 until his retirement.

His journey with Estée Lauder has been one of extraordinary leadership, guiding the company to new heights. Lauder reflects on his departure with gratitude, stating, “For more than 50 years, it has been an incredible honor and privilege to serve The Estée Lauder Companies.” Despite his retirement, Lauder’s family continues to play a pivotal role in the company, with his daughter Jane Lauder maintaining her current position.

Lauder’s Legacy and Family Involvement

While Ronald S. Lauder retires from his Board role, his family stays deeply involved in Estée Lauder’s leadership. Lauder retains the right to designate two directors to the Board, and his second designee, Eric Zinterhofer, has been elected. Zinterhofer, who is married to Lauder’s daughter Aerin, brings extensive experience in finance and global business. His appointment signifies a new chapter for the company, but one that honors the Lauder family’s longstanding legacy.

A Strong Future Ahead

Estée Lauder’s commitment to growth and excellence continues as the company embraces a new era under the leadership of Eric Zinterhofer. With fresh perspectives and strategic insights, Zinterhofer is well-positioned to guide Estée Lauder into a future of continued success. As the company transitions, the values established by Ronald S. Lauder will remain at the heart of their work, ensuring that the company thrives.

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