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The Estée Lauder Companies Appoints Rashida La Lande Executive Vice President and General Counsel

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The Estée Lauder Companies Inc. (NYSE: EL) has appointed Rashida La Lande as Executive Vice President and General Counsel, effective August 19, 2024. La Lande will report to William P. Lauder, Executive Chairman, and Fabrizio Freda, President and CEO. She will lead ELC's global Legal organization, overseeing legal strategy, practices, and policies. La Lande brings over 25 years of experience, joining from The Kraft Heinz Company where she was Executive VP and Global Chief Legal and Corporate Affairs Officer. Her responsibilities will include advising on complex global legal issues, corporate strategies, compliance, risk mitigation, and business transactions. La Lande's appointment is seen as strategic for driving ELC's long-term sustainable, profitable growth.

Le Estée Lauder Companies Inc. (NYSE: EL) ha nominato Rashida La Lande come Presidente Esecutivo e Consigliere Generale, a partire dal 19 agosto 2024. La Lande riporterà a William P. Lauder, Presidente Esecutivo, e Fabrizio Freda, Presidente e CEO. Leaderà l’organizzazione legale globale di ELC, supervisionando la strategia legale, le pratiche e le politiche. La Lande vanta oltre 25 anni di esperienza, provenendo da The Kraft Heinz Company dove era Presidente Esecutivo e Chief Legal and Corporate Affairs Officer globale. Le sue responsabilità includeranno consulenze su questioni legali globali complesse, strategie aziendali, conformità, mitigazione dei rischi e transazioni commerciali. La nomina di La Lande è considerata strategica per promuovere la crescita sostenibile e redditizia a lungo termine di ELC.

Las empresas Estée Lauder Inc. (NYSE: EL) han nombrado a Rashida La Lande como Vicepresidenta Ejecutiva y Consejera General, con efecto a partir del 19 de agosto de 2024. La Lande reportará a William P. Lauder, Presidente Ejecutivo, y a Fabrizio Freda, Presidente y CEO. Ella liderará la organización legal global de ELC, supervisando la estrategia legal, las prácticas y las políticas. La Lande aporta más de 25 años de experiencia, incorporándose desde The Kraft Heinz Company, donde ocupó el cargo de Vicepresidenta Ejecutiva y Directora Legal y de Asuntos Corporativos Globales. Sus responsabilidades incluirán asesorar sobre cuestiones legales globales complejas, estrategias corporativas, cumplimiento, mitigación de riesgos y transacciones comerciales. Se ve el nombramiento de La Lande como una estrategia para impulsar el crecimiento sostenible y rentable a largo plazo de ELC.

에스티 로더 컴퍼니즈 Inc. (NYSE: EL)이 라시다 라 랜드를 2024년 8월 19일부터 부사장 겸 법률 고문으로 임명했습니다. 라 랜드는 윌리엄 P. 로더, 이사회 의장 및 파브리지오 프레다, 사장 겸 CEO에게 보고할 예정입니다. 그녀는 ELC의 글로벌 법률 조직을 이끌고 법률 전략, 관행 및 정책을 감독합니다. 라 랜드는 25년 이상의 경력을 보유하고 있으며, 세계적인 법률 및 법인 사무 책임자로서 부사장직을 맡았던 Kraft Heinz Company에서 합류합니다. 그녀의 책임에는 복잡한 글로벌 법률 문제, 기업 전략, 준수, 위험 완화 및 비즈니스 거래에 대한 조언이 포함됩니다. 라 랜드의 임명은 ELC의 장기 지속 가능한 수익 성장 촉진을 위한 전략으로 평가됩니다.

Les entreprises Estée Lauder Inc. (NYSE: EL) ont nommé Rashida La Lande au poste de Vice-Présidente Exécutive et Conseillère Juridique, à compter du 19 août 2024. La Lande relèvera de William P. Lauder, Président Exécutif, et de Fabrizio Freda, Président et CEO. Elle dirigera l’organisation juridique mondiale d’ELC, supervisant la stratégie juridique, les pratiques et les politiques. La Lande apporte plus de 25 ans d'expérience, ayant précédemment travaillé chez The Kraft Heinz Company en tant que Vice-Présidente Exécutive et Responsable Juridique et des Affaires Corporatives Mondiales. Ses responsabilités incluront la consultation sur des questions juridiques mondiales complexes, des stratégies d’entreprise, la conformité, l’atténuation des risques et des transactions commerciales. La nomination de La Lande est considérée comme stratégique pour promouvoir la croissance durable et rentable à long terme d’ELC.

Die Estée Lauder Companies Inc. (NYSE: EL) hat Rashida La Lande mit Wirkung zum 19. August 2024 zur Exekutiv-Vizepräsidentin und General Counsel ernannt. La Lande wird an William P. Lauder, den Executive Chairman, und Fabrizio Freda, den Präsidenten und CEO, berichten. Sie wird die globale Rechtsorganisation von ELC leiten und dabei die Rechtsstrategie, Praktiken und Richtlinien überwachen. La Lande bringt über 25 Jahre Erfahrung mit, zuvor war sie als Executive VP und Chief Legal and Corporate Affairs Officer bei The Kraft Heinz Company tätig. Zu ihren Aufgaben gehören die Beratung in komplexen globalen Rechtsfragen, Unternehmensstrategien, Compliance, Risikominderung und Geschäftsabschlüsse. Die Ernennung von La Lande wird als strategisch angesehen, um das langfristige nachhaltige und profitable Wachstum von ELC voranzutreiben.

Positive
  • Appointment of an experienced legal executive with over 25 years in the field
  • La Lande's background in consumer products and publicly traded companies aligns with ELC's needs
  • Strategic addition to the Executive Leadership Team, potentially enhancing corporate governance
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) (“ELC” or “the Company”) announced today that Rashida La Lande has been appointed Executive Vice President and General Counsel, effective August 19, 2024. Ms. La Lande will jointly report to William P. Lauder, Executive Chairman, and Fabrizio Freda, President and Chief Executive Officer. She will join the Company’s Executive Leadership Team.

The Estée Lauder Companies Appoints Rashida La Lande Executive Vice President and General Counsel (Photo: Business Wire)

The Estée Lauder Companies Appoints Rashida La Lande Executive Vice President and General Counsel (Photo: Business Wire)

As Executive Vice President and General Counsel, Ms. La Lande will be responsible for ELC’s global Legal organization. She will act as a strategic advisor to the organization and to ELC’s Board of Directors on complex global legal issues and the Company’s business. In this critical role, she will lead the Company’s legal strategy, practices, and policies globally. She will also oversee the Company’s Global Privacy Office and Global Security Team. Ms. La Lande will act as a key partner to the Company’s leadership and business units across the organization on a wide range of legal matters including corporate strategies, reporting, compliance, risk mitigation, governance and business transactions. She will also lead the Company’s legal review of potential acquisitions, divestitures, and joint ventures.

Ms. La Lande brings with her more than 25 years of experience advising corporations and representing companies and private equity sponsors in the consumer products, retail, financial services, and technology industries.

“Rashida’s impressive experience acting as a key strategic partner to executive leadership teams and boards coupled with her sound judgment advising a publicly traded, values-driven business on legal matters makes her ideally suited for this role,” said William P. Lauder.

Ms. La Lande joins The Estee Lauder Companies from The Kraft Heinz Company, where she held roles of increasing responsibility since January 2018, culminating as the Executive Vice President and Global Chief Legal and Corporate Affairs Officer in December 2023. During her tenure with Kraft Heinz, Ms. La Lande was responsible for leading the legal function, including corporate governance and securities, transactions, regulatory, intellectual property, litigation, and labor and employment, as well as the company’s Environmental Social and Governance activities and Global Government Affairs function.

“Rashida’s extensive experience managing legal matters across a diverse portfolio of iconic and new brands for one of the largest food and beverage companies in the world makes her uniquely qualified for this role,” said Fabrizio Freda. “Working closely with our Board of Directors, William, and me, Rashida will be a critical partner in driving ELC’s strategy for long-term sustainable, profitable growth, and bringing our brands and company to the next level.”

Prior to joining The Kraft Heinz Company, Ms. La Lande was a partner at the Gibson, Dunn & Crutcher law firm, where she practiced as a partner from 2007 to 2018 and as an associate from 2000 to 2007. She began her legal career as an associate at Chadbourne & Parke LLP from 1998 to 2000.

Ms. La Lande holds a Bachelor of Arts in African American Studies from Harvard University and a Juris Doctor from Columbia Law School in New York City.

Cautionary Note Regarding Forward-Looking Statements

Statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include the various quotations related to strategy, growth and the future of the Legal, Privacy and Security functions. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, actual results may differ materially from the Company’s expectations. Factors that could cause actual results to differ from expectations include the ability to successfully implement the Company’s profit recovery and growth plan and those described in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2023. The Company assumes no responsibility to update forward-looking statements made herein or otherwise.

About The Estée Lauder Companies Inc.

The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The Company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.

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ELC-L

Investors: Rainey Mancini

rmancini@estee.com



Media: Jill Marvin

jimarvin@estee.com

Source: The Estée Lauder Companies Inc.

FAQ

When will Rashida La Lande start her role at Estée Lauder Companies (EL)?

Rashida La Lande will start her role as Executive Vice President and General Counsel at Estée Lauder Companies (EL) on August 19, 2024.

What is Rashida La Lande's previous experience before joining Estée Lauder (EL)?

Before joining Estée Lauder, Rashida La Lande was the Executive Vice President and Global Chief Legal and Corporate Affairs Officer at The Kraft Heinz Company. She also worked as a partner at the Gibson, Dunn & Crutcher law firm.

What will be Rashida La Lande's main responsibilities at Estée Lauder Companies (EL)?

At Estée Lauder Companies (EL), Rashida La Lande will lead the global Legal organization, oversee legal strategy and policies, advise on complex legal issues, and manage corporate governance, compliance, and business transactions.

Who will Rashida La Lande report to at Estée Lauder Companies (EL)?

Rashida La Lande will jointly report to William P. Lauder, Executive Chairman, and Fabrizio Freda, President and Chief Executive Officer of Estée Lauder Companies (EL).

The Estee Lauder Companies Inc.

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