Stephane de La Faverie Elevated To CEO And President Of Estee Lauder

In a significant leadership transition, The Estee Lauder Cos., Inc. has unveiled the appointment of Stephane de La Faverie as its new President and Chief Executive Officer, effective January 1, 2025. A veteran with over 25 years of experience in the luxury cosmetics sector, de La Faverie brings deep industry expertise to the helm of one of the world’s most prestigious beauty conglomerates.

Stephane de La Faverie’s Rapid Ascent Within Estee Lauder

De La Faverie’s promotion marks a natural progression within the organization, where he has held increasingly prominent roles since joining in 2011. Most recently serving as Executive Group President, he oversaw multiple flagship brands across the company’s expansive portfolio. Prior to this appointment, he led the Estee Lauder brand itself, positioning himself as a key architect of the company’s strategic direction. His trajectory demonstrates the board’s confidence in his ability to steer the organization through continued growth.

A Quarter-Century in Premium Beauty: Career Highlights

The incoming CEO’s professional journey spans the most prestigious names in the beauty industry. Before joining Estee Lauder, de La Faverie held the position of General Manager for Giorgio Armani Beauty USA under L’Oreal Paris, where he honed his expertise in luxury brand management. His earlier roles included Area Manager for the Luxury Products Group in North America, where he oversaw a portfolio including Lancome, Giorgio Armani, Ralph Lauren, and Biotherm. In Australia, he served as General Manager of Lancome, while in the United States, he advanced to Vice President of Marketing at Lancome USA, managing both skincare and fragrance divisions. His career commenced with the globally renowned Lancome brand in Paris, establishing a foundation in premium beauty operations.

Organizational Changes And Leadership Transition

Fabrizio Freda, the outgoing CEO who led the company for more than sixteen years, will step back from daily operations while offering transitional support over the coming months to facilitate a smooth handover. Additionally, William Lauder is transitioning from his role as Executive Chairman and will continue as Chair of the Board of Directors following the company’s Annual Meeting of Stockholders. These coordinated shifts reflect a carefully planned succession strategy designed to maintain continuity while ushering in fresh leadership vision under Stephane de La Faverie’s stewardship.