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Search for his successor is underway as the CEO’s exit is planned for the end of fiscal year 2025.
August 19, 2024
By: Christine Esposito
Editor-in-Chief
Fabrizio Freda has informed the board of directors of The Estée Lauder Companies Inc. that he intends to retire at the end of fiscal year 2025. Until his successor is appointed, Freda will continue to lead and oversee the company’s strategic, financial and investment priorities, including the ELC’s Profit Recovery and Growth Plan and its “efforts to reignite profitability and growth,” the company said in a statement. Once a successor has been named, Freda will partner with this leader to e...
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