---
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"
generated_at: "2026-05-30T06:46:55.260456+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Estée Lauder appoints Stéphane de La Faverie as CEO effective Jan 1, 2025; Freda to retire

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-113517
- JSON: https://secwatch.observer/filing/0001104659-24-113517.json
- Plain text: https://secwatch.observer/filing/0001104659-24-113517.txt

## Key facts
- Executive change
  Fabrizio Freda resigned as Director at ESTEE LAUDER COMPANIES INC.
  - Action: resigned
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm
- Executive change
  Fabrizio Freda resigned as President and Chief Executive Officer at ESTEE LAUDER COMPANIES INC.
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm
- Executive change
  William P. Lauder changed role as Executive Chairman at ESTEE LAUDER COMPANIES INC.
  - Action: stepped down
  - Role: Executive Chairman
  source text: William P. Lauder will be stepping down from his role as Executive Chairman following the Annual Meeting of Stockholders on November 8, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm
- Executive change
  Stéphane de La Faverie was appointed as Director at ESTEE LAUDER COMPANIES INC.
  - Action: appointed
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1001250/000110465924113517/0001104659-24-113517-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.