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Estee Lauder Elects Hobson to Board

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By: TOM BRANNA

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The Estee Lauder Companies elected Mellody Hobson to the board of directors. She will also serve on the audit committee.Ms. Hobson currently serves as president of Ariel Capital Management, LLC, a Chicago-based investment management firm.“We’re very pleased to announce that Mellody Hobson has joined our board of directors,” said Leonard A. Lauder, chairman of the board of The Estee Lauder Companies. “Her extensive financial background and marketing experience, along with ...

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