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Estee Lauder board changes

This article was originally published in The Rose Sheet

Executive Summary

Ronald S. Lauder will retire from The Estee Lauder Companies board of directors, the beauty firm announces July 14. Ronald Lauder has served on the board since 1968. He will continue to serve as chairman of Clinique Laboratories and as an officer of The Estee Lauder Companies. Ronald Lauder's daughter, Jane Lauder, will fill the vacancy on the board. Previously senior VP-global marketing for Clinique, she was named senior VP/general manager of Origins last year 1("The Rose Sheet" June 9, 2008). "Jane's innovative marketing sense, longstanding commitment to our company and proven talent has earned her the respect of our directors. She has a deep understanding of our business and the family values upon which our company has been built," says William P. Lauder, executive chairman of The Estee Lauder Companies
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