The Estée Lauder Companies Holds Annual Meeting of Stockholders

Rhea-AI Summary

Estée Lauder Companies Inc. (EL) Annual Meeting of Stockholders: Fabrizio Freda, President and CEO, reviewed recent financial results and the Company’s long-term strategy. Stockholders elected new Board members and ratified the appointment of independent auditors. The company is a global leader in skin care, makeup, fragrance, and hair care products, sold under various luxury and prestige brands.

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 Charlene Barshefsky, Angela Wei Dong, Fabrizio Freda, Gary M. Lauder, and Jane Lauder to the Board, as Class III Directors. Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as independent auditors for the current fiscal year, approved the advisory vote to approve executive compensation, and approved having the advisory vote to approve executive compensation on an annual basis.

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.

ELC-F

View source version on businesswire.com: https://www.businesswire.com/news/home/20231117502368/en/

Investors: Rainey Mancini

rmancini@estee.com

Media: Jill Marvin

jimarvin@estee.com

Source: The Estée Lauder Companies Inc.

FAQ

Who chaired the Annual Meeting of Stockholders for Estée Lauder Companies Inc. (EL)?

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

What are the key products sold by Estée Lauder Companies Inc. (EL)?

The company sells quality skin care, makeup, fragrance, and hair care products under brand names including Estée Lauder, Clinique, M·A·C, La Mer, and many more.

How many countries and territories do Estée Lauder Companies Inc. (EL) products sold in?

The products are sold in approximately 150 countries and territories globally.

Who are the newly elected Board members of Estée Lauder Companies Inc. (EL)?

Charlene Barshefsky, Angela Wei Dong, Fabrizio Freda, Gary M. Lauder, and Jane Lauder were elected as Class III Directors.

What was approved at the Annual Meeting of Stockholders for Estée Lauder Companies Inc. (EL)?

Stockholders ratified the appointment of PricewaterhouseCoopers LLP as independent auditors, approved the advisory vote to approve executive compensation, and approved having the advisory vote to approve executive compensation on an annual basis.