{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-113517","form_type":"8-K","ticker":"EL","cik":"0001001250","company_name":"ESTEE LAUDER COMPANIES INC","filed_at":"2024-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.296819+00:00","generated_at":"2026-05-30T06:46:55.260456+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Estée Lauder appoints Stéphane de La Faverie as CEO effective Jan 1, 2025; Freda to retire","bullets":["Stéphane de La Faverie named President and CEO, effective Jan 1, 2025; joins Board same day.","Fabrizio Freda steps down as CEO and from Board Dec 31, 2024; remains Special Advisor until June 30, 2026.","William P. Lauder steps down as Executive Chairman after Nov 8 annual meeting; retires as employee March 1, 2025, stays Board Chair.","De La Faverie's base salary $1.5M; target bonus $3M; annual equity target >= $10M starting FY2026.","Freda's base salary $2.1M during advisory; eligible for FY2026 equity award of $12.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-113517","json":"https://secwatch.observer/filing/0001104659-24-113517.json","markdown":"https://secwatch.observer/filing/0001104659-24-113517.md","text":"https://secwatch.observer/filing/0001104659-24-113517.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/tm2427260d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T06:46:55.260456+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2f90f86e0e","claim":"Fabrizio Freda resigned as Director at ESTEE LAUDER COMPANIES INC.","evidence_excerpt":"Fabrizio Freda, current President and Chief Executive Officer, will transition from those offices and resign from the Company’s Board at the end of the day on December 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}]},{"claim_id":"81698e318d","claim":"Fabrizio Freda resigned as President and Chief Executive Officer at ESTEE LAUDER COMPANIES INC.","evidence_excerpt":"Fabrizio Freda, current President and Chief Executive Officer, will transition from those offices and resign from the Company’s Board at the end of the day on December 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President and Chief Executive Officer"}]},{"claim_id":"896d61b284","claim":"William P. Lauder changed role as Executive Chairman at ESTEE LAUDER COMPANIES INC.","evidence_excerpt":"William P. Lauder will be stepping down from his role as Executive Chairman following the Annual Meeting of Stockholders on November 8, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Executive Chairman"}]},{"claim_id":"97a91c8b05","claim":"Stéphane de La Faverie was appointed as Director at ESTEE LAUDER COMPANIES INC.","evidence_excerpt":"Mr. de La Faverie will become a member of the Board effective January 1, 2025, to fill the vacancy that arises from Mr. Freda’s resignation.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}