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The Estée Lauder Companies Holds Annual Meeting of Stockholders
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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Rhea-AI Summary
The Estée Lauder Companies Inc. (NYSE: EL) held its Annual Meeting of Stockholders where William P. Lauder chaired the meeting. CEO Fabrizio Freda presented recent financial results and the company's long-term strategy. Stockholders elected four new board members: Rose Marie Bravo, Paul J. Fribourg, Jennifer Hyman, and Barry S. Sternlicht. Additionally, they ratified the appointment of PricewaterhouseCoopers as independent auditors and approved an advisory vote on executive compensation.
Positive
Election of four new board members which may enhance corporate governance.
Ratification of PricewaterhouseCoopers as auditors, reinforcing financial oversight.
Approval of executive compensation could align management interests with shareholder value.
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 elected Rose Marie Bravo, Paul J. Fribourg, Jennifer Hyman, and Barry S. Sternlicht 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.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers 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, Tommy Hilfiger, M·A·C, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin Paris, TOM FORD BEAUTY, Smashbox, Ermenegildo Zegna, AERIN, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced and Dr. Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.
What were the outcomes of the Estée Lauder Annual Meeting on November 12, 2021?
The Estée Lauder Companies Inc. held its Annual Meeting where stockholders elected four new board members, ratified PricewaterhouseCoopers as auditors, and approved executive compensation.
Who is the newly elected board of directors at Estée Lauder?
The newly elected board members are Rose Marie Bravo, Paul J. Fribourg, Jennifer Hyman, and Barry S. Sternlicht.
What is the stock symbol of Estée Lauder?
The stock symbol for Estée Lauder is EL.
What financial oversight was approved at the Estée Lauder meeting?
Stockholders approved the appointment of PricewaterhouseCoopers as independent auditors for the current fiscal year.
When did Estée Lauder hold its Annual Meeting of Stockholders?
Estée Lauder held its Annual Meeting of Stockholders on November 12, 2021.
