Stéphane de La Faverie is rumored to be the prospective CEO of Estée Lauder Companies, following Fabrizio Freda’s retirement announcement. Despite the speculation, ELC has not confirmed the new appointment. La Faverie has held various leadership positions within the company during his 13-year tenure. The departure of Jane Lauder adds further dynamics to the succession planning.
Stéphane de La Faverie is reportedly in line to become the new CEO of Estée Lauder Companies (ELC), although the company has not made an official announcement about this transition. According to a report by The Wall Street Journal, La Faverie, who has served as an executive at ELC for over 13 years, is seen as a strong candidate for the position. Currently holding the title of Executive Group President, he has previously served as Global President for Estée Lauder, Origins, and Darphin. The current CEO, Fabrizio Freda, has indicated his intention to retire in June 2025, and the company has not yet disclosed a successor. The speculation surrounding La Faverie’s potential appointment is further fueled by the recent news of Jane Lauder’s departure from her role as Chief Data Officer and Executive Vice President of Enterprise Marketing. Lauder is a key figure in ELC, being the granddaughter of its founder, and was also considered a strong internal candidate for the CEO position alongside La Faverie. Stéphane de La Faverie’s extensive experience within Estée Lauder Companies positions him as a well-qualified candidate for the CEO role. His work at ELC spans significant leadership roles, contributing to the company’s growth over the years. With the anticipated leadership changes, stakeholders and analysts are keenly observing the developments related to the company’s executive transition.
The Estée Lauder Companies, a prominent entity in the beauty industry, is poised for a significant leadership change with the potential appointment of Stéphane de La Faverie as CEO. This follows Fabrizio Freda’s announced retirement in June 2025, creating an opportunity for new leadership. La Faverie’s tenure of over 13 years within the company, coupled with his high-level roles, strategically positions him to lead the organization through future growth and transformation. Jane Lauder’s recent exit adds another layer of complexity to potential succession plans at ELC.
In conclusion, while Stéphane de La Faverie is rumored to be the next CEO of Estée Lauder Companies, the company has yet to confirm this speculation. With Fabrizio Freda retiring in 2025, La Faverie’s extensive experience within ELC makes him a strong candidate, despite competition from other prominent figures in the organization. The next few months will be critical as ELC navigates this transition in leadership.
Original Source: cosmeticsbusiness.com
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