The Estée Lauder Companies Names Jane Lauder Global Brand President, Clinique

  The Estée Lauder Companies Names Jane Lauder Global Brand President,
  Clinique

  Stephane de la Faverie Named Senior Vice President/Global General Manager,
                          Origins, Ojon and Darphin

Business Wire

NEW YORK -- January 17, 2014

The Estée Lauder Companies Inc. (NYSE:EL) announced today that Jane Lauder has
been named Global Brand President, Clinique. Succeeding Ms. Lauder will be
Stephane de la Faverie who has been named Senior Vice President/Global General
Manager, Origins, Ojon and Darphin. Their new roles will become effective on
April 1, 2014.

Jane Lauder (Photo: Business Wire)

Jane Lauder (Photo: Business Wire)

Both Ms. Lauder and Mr. de la Faverie will report to Lynne Greene, Group
President of Clinique, Origins, Ojon, Aveda and Darphin. As announced in 2012,
Ms. Greene was promoted to Group President as part of an organizational
redesign to further align brands and provide high potential leaders with
increased opportunities. Appointing Ms. Lauder to Clinique supports this
evolution and will enable Ms. Greene to focus on the strategic direction of
her brand portfolio and her other significant leadership responsibilities.

“Lynne’s vision combined with her industry-leading creativity has propelled
Clinique’s exceptional global results and her close partnership with Jane will
enable Clinique’s future success. Jane’s new role reflects her proven talent
as one of our Company’s valued business leaders and innovative thinkers. Her
ability to take brands and help maximize their global potential has been a key
driver in our Company’s success,” said Fabrizio Freda, President and Chief
Executive Officer, The Estée Lauder Companies.

In addition to supporting the Company’s organizational evolution, this
appointment was a natural move for Ms. Lauder who earlier in her career was
Senior Vice President, Global Marketing for Clinique where she was responsible
for the brand’s overall strategic marketing and helped take the brand into new
markets. As a result of her success in this role, Ms. Lauder later became
Global Brand President, Origins, Ojon and Darphin.

“Jane is a very driven and talented leader. With her deep knowledge of today’s
global consumer, I am delighted to have her back on the Clinique team where I
know she will be extremely successful in advancing the long heritage of
innovation,” said Lynne Greene. “Stephane brings significant experience in
multi-brand leadership and expertise in skin care. His track record
demonstrates his strength in successfully growing smaller brands and taking
them into new markets. I am confident that both Jane and Stephane will bring
outstanding growth and leadership to their brands.”

“It is our people who make our Company great. As Jane and Stephane continue on
their Estée Lauder Companies journey, we grow as a Company—leveraging their
strengths to drive our success,” said William P. Lauder, Executive Chairman,
The Estée Lauder Companies. “Both are terrific leaders who consistently
recognize global opportunities and most of all, inspire their teams to deliver
excellence.”

Mr. de la Faverie joined The Estée Lauder Companies in 2011 as Senior Vice
President, Global General Manager, Aramis and Designer Fragrances; shortly
thereafter Lab Series and GoodSkin Labs were added to his responsibilities.
Since joining the Company, Mr. de la Faverie has helped grow Aramis and
Designer Fragrances’ profitability and expand the Company’s designer fragrance
portfolio. Throughout his tenure in the beauty industry, Mr. de la Faverie has
worked to build a number of skin care brands. Most recently under his
leadership, the men’s skin care brand, Lab Series, successfully launched
several major innovations globally.

Mr. Freda said, “Stephane is an ideal person to build on the success from
Jane’s prior leadership. His keen ability to think globally and act locally
will help the Origins, Ojon and Darphin teams continue to focus on their
fastest-growing opportunities.”

In November of 2012, William P. Lauder and Fabrizio Freda announced an
organizational redesign to drive the Company’s future success by further
aligning brands, ensuring focus on the greatest opportunities globally and
creating growth for talent worldwide. The appointments announced today are a
continuation of this organizational evolution.

The EstéeLauder 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 over 150 countries and territories under
the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab
Series, Origins, M•A•C,Bobbi Brown,Tommy Hilfiger, Kiton, La Mer, Donna
Karan, Aveda,Jo Malone, Bumble and bumble,Darphin,Michael Kors, American
Beauty, Flirt!,GoodSkin Labs,Grassroots Research Labs,Tom Ford, Coach,
Ojon, Smashbox,Ermenegildo Zegna, Aerin Beauty, Osiao, Marni and Tory Burch.

An electronic version of this release can be found at the Company’s Website,
www.elcompanies.com.

                                    # # #

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140117005037/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50784914&lang=en

Contact:

The Estée Lauder Companies Inc.
Media Relations:
Alexandra Trower, 212-572-4430
or
Investor Relations:
Dennis D’Andrea, 212-572-4384
 
Press spacebar to pause and continue. Press esc to stop.