It’s Official! ELC Appoints de La Faverie as CEO

Current executive group president is responsible for an extensive brand portfolio and drives integrated planning and end-to-end business operations.

It’s a done deal. The Estée Lauder Companies named Stéphane de La Faverie as its next chief executive officer. The move was first reported in The Wall Street Journal. de La Faverie replaces long-time CEO Fabrizio Freda, who announced his retirement plans earlier this year. de La Faverie assumes the CEO role on Jan. 1, 2025. In another move, William Lauder will step down as executive chairman. He will remain chair of the board of directors. William Lauder’s decision follows Sunday&...

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