A Statement from the Board of Directors on the Passing of Leonard A. Lauder; Statement from Richard F. Zannino, Lead Independent Director, on behalf of the Board of Directors of The Estee Lauder Companies

Published: 2025-06-16 11:21:16 ET EL

Published on 06/16/2025 at 11:21

'It is with profound sadness that The Estee Lauder Companies' Board of Directors acknowledges the passing of Leonard A. Lauder, Chairman Emeritus of the company.

Leonard was a visionary leader and a driving force behind building The Estee Lauder Companies into a global powerhouse in prestige beauty. Throughout his decades of visionary, tireless and passionate stewardship, the company expanded across geographies, categories, channels and generations of consumers, anchored by a deep respect for heritage and an eye to the future.

Beyond his extraordinary business acumen, Leonard was a devoted philanthropist and a passionate advocate for the arts, education and medical research, whose generosity and curiosity touched countless lives around the world.

As a Board, we are beyond grateful for Leonard's immeasurable contributions. His enduring values - integrity, creativity, humor, humanity and an abiding love for all that The Estee Lauder Companies stands for - will remain central to who we are and will continue to guide us.

We extend our heartfelt sympathies to the Lauder family and to the many people around the world whose lives were touched by his extraordinary presence.'