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In Brief: Estee Lauder Companies

This article was originally published in The Rose Sheet

Executive Summary

Estee Lauder Companies: Adds five members to its Board of Directors, increasing the board to seven. Marshall Rose of The Georgetown Group; P. Roy Vagelos, chairman Regeneron Pharmaceuticals; business consultant Faye Wattleton; Estee Lauder Companies President and Chief Operating Officer Fred Langhammer; and William Lauder, president, Origins, join existing members Leonard Lauder, Estee Lauder chairman and CEO; and Ronald Lauder, Clinique Labs and Estee Lauder International chairman. Two additional directors will be added to the board at a subsequent meeting. The board expansion follows the company's Sept. 21 announcement of an initial public offering...
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