Ronald Lauder steps down from Estee Lauder Cos. board

7/15/2009

NEW YORK The Estee Lauder Cos. has announced the retirement of Ronald S. Lauder from the company’s board of directors. Filling the vacancy on the board is his daughter, Jane Lauder.

Ronald S. Lauder will continue to serve as chairman of Clinique Laboratories and as an officer of The Estee Lauder Cos.

Jane Lauder currently serves as SVP/GM of the company’s Origins brand. Prior to joining Origins, she was SVP of global marketing for the company’s Clinique brand. Her previous experience also includes serving as VP marketing for BeautyBank and VP marketing for Stila.

The Estee Lauder Companies’ board of directors consists of 13 directors, four of which are members of the Lauder family and will now include: William P. Lauder, chairman of the board and executive chairman of The Estee Lauder Companies; Leonard A. Lauder, chairman emeritus of the board; Aerin Lauder, SVP and creative director of the Estee Lauder brand; and Jane Lauder.

“We are very pleased that Jane has joined our board of directors,” stated William P. Lauder. “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. I am confident she will help carry on the heritage that has been instrumental in driving long-term shareholder value and enhancing our role as the leader in prestige beauty.”

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