Estée Lauder Names de La Faverie as CEO

Guillaume de La Faverie has been appointed the new CEO of Estée Lauder.

He will take over the role from Fabrizio Freda, who will become executive chairman.

Estée Lauder has announced the appointment of Guillaume de La Faverie as its new CEO. De La Faverie will succeed Fabrizio Freda, who will become executive chairman. De La Faverie has been with Estée Lauder for 20 years, most recently serving as president of the company's international business. He has a deep understanding of the company's brands and a proven track record of success.

Freda said, "I am delighted to pass the baton to Guillaume. He is a proven leader with a passion for our brands and a deep understanding of our business. I am confident that he will lead Estée Lauder to continued success in the years to come." De La Faverie said, "I am honored to be appointed CEO of Estée Lauder. I am grateful to Fabrizio for his leadership and guidance over the past 20 years. I look forward to working with the talented team at Estée Lauder to build on our strong foundation and create a sustainable future for the company."

De La Faverie's appointment is a sign of the company's commitment to its future. He is a young and dynamic leader with a fresh perspective. His experience in the international market will be a valuable asset as Estée Lauder continues to expand its global reach. The company is confident that de La Faverie will lead Estée Lauder to continued success in the years to come.