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Estee Lauder CEO’s Bonus Tops $1.5 Million

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By: TOM BRANNA

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Estee Lauder Cos. approved a $1.52 million 2006 fiscal-year bonus for Chief Executive William P. Lauder. The New York-based cosmetics company also approved a $1.37 million bonus for chairman Leonard A. Lauder, according to the company’s filing Tuesday with the Securities and Exchange Commission. For the 2005 fiscal year, William Lauder got a $1.8 million bonus and Leonard Lauder got a $1.6 million bonus, according to the company’s last proxy statement. Last month, Estee Lauder rep...

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