Estee Lauder Names Jane Lauder CIO

TL;DR

Estee Lauder just made Jane Lauder the new CIO, starting Dec 16th. Big tech move for the beauty giant.

AI Summary

The Estée Lauder Companies Inc. announced on December 3, 2024, the appointment of Jane Lauder as Executive Vice President, Chief Information Officer, effective December 16, 2024. She will report to Fabrizio Freda, President and Chief Executive Officer. Jane Lauder previously served as Executive Vice President, Global Brand President of Clinique, Origins, and Ojon.

Why It Matters

This appointment signifies a strategic shift in leadership for Estée Lauder's technology division, potentially impacting the company's digital transformation and operational efficiency.

Risk Assessment

Risk Level: low — The filing reports an executive appointment, which is a routine corporate event with no immediate negative financial implications.

Key Players & Entities

• The Estée Lauder Companies Inc. (company) — Registrant
• Jane Lauder (person) — Appointed Executive Vice President, Chief Information Officer
• December 16, 2024 (date) — Effective date of appointment
• Fabrizio Freda (person) — President and Chief Executive Officer
• Clinique (company) — Previous brand led by Jane Lauder
• Origins (company) — Previous brand led by Jane Lauder
• Ojon (company) — Previous brand led by Jane Lauder

FAQ

From the Filing

0001001250-24-000241.txt : 20241204 0001001250-24-000241.hdr.sgml : 20241204 20241204163417 ACCESSION NUMBER: 0001001250-24-000241 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241203 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241204 DATE AS OF CHANGE: 20241204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ESTEE LAUDER COMPANIES INC CENTRAL INDEX KEY: 0001001250 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 112408943 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14064 FILM NUMBER: 241526638 BUSINESS ADDRESS: STREET 1: 767 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2125724200 MAIL ADDRESS: STREET 1: 767 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10153 8-K 1 el-20241203.htm 8-K el-20241203 0001001250 false 0001001250 2024-12-03 2024-12-03     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________   FORM 8-K   CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934   Date of Report (Date of earliest event reported) December 3, 2024   The Estée Lauder Companies Inc. (Exact name of registrant as specified in its charter) Delaware 1-14064 11-2408943 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 767 Fifth Avenue , New York , New York 10153 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code 212 - 572-4200 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $.01 par value EL New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Departure of Director On December 3, 2024, Richard D. Parsons, a member of the Board of Directors (the “Board”) of The Estée Lauder Companies Inc. (the “Company”), notified the Company that he will retire from the Board due to health reasons, effective immediately. Mr. Parsons, a Class II director, has been a Board member since 1999, and was a member of the Nominating and ESG Committee and a member of the Compensation Committee. The Company is tremendously grateful for his valuable in