The Estée Lauder Companies Holds Annual Meeting of Stockholders

Rhea-AI Summary

The Estée Lauder Companies Inc. (NYSE: EL) held its Annual Meeting of Stockholders, chaired by Executive Chairman William P. Lauder. The meeting included the re-election of board members and the ratification of PricewaterhouseCoopers LLP as independent auditors for the fiscal year. CEO Fabrizio Freda presented insights on recent financial results and the company's long-term strategies. Estée Lauder remains a leading manufacturer of skincare and beauty products, with a wide portfolio sold in approximately 150 countries.

Positive

• Stockholders re-elected key board members, enhancing governance.
• Ratified PricewaterhouseCoopers LLP as independent auditors, ensuring audit integrity.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) held its Annual Meeting of Stockholders today. William P. Lauder, Executive Chairman, chaired the meeting. Fabrizio Freda, President and Chief Executive Officer, reviewed recent financial results and the Company’s long-term strategy.

At the meeting, stockholders re-elected Ronald S. Lauder, William P. Lauder, Richard D. Parsons, Lynn Forester de Rothschild, Jennifer Tejada, and Richard F. Zannino to the Board of Directors. Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as independent auditors for the current fiscal year and approved the advisory vote to approve executive compensation.

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. 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, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD BEAUTY, 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.

ELC-F

View source version on businesswire.com: https://www.businesswire.com/news/home/20221118005557/en/

Investors: Rainey Mancini

rmancini@estee.com

Media: Jill Marvin

jimarvin@estee.com

Source: The Estée Lauder Companies Inc.

FAQ

What were the outcomes of the Estée Lauder Annual Meeting held on November 18, 2022?

At the Estée Lauder Annual Meeting, stockholders re-elected board members and ratified the appointment of PricewaterhouseCoopers LLP as auditors.

Who chaired the Estée Lauder stockholders meeting?

William P. Lauder, the Executive Chairman, chaired the Estée Lauder stockholders meeting.

What financial highlights did Estée Lauder's CEO present at the Annual Meeting?

CEO Fabrizio Freda reviewed recent financial results and the company's long-term strategy during the Annual Meeting.

What is the stock symbol for Estée Lauder?

The stock symbol for Estée Lauder is EL, listed on the NYSE.