Letter from President and CEO

This site is under maintenance. This site is under maintenance. This site is under maintenance. This site is under maintenance. This site is under maintenance. This site is under maintenance. This site is under maintenance.

Overview

Letter from President and CEO

The Estée Lauder Companies’ strong performance year after year is a testament to our diversified business and multiple engines of growth, disciplined strategy and excellent execution. Our results reinforce our entrepreneurial spirit, which inspires our Company to innovate to continue exceeding the expectations of prestige beauty consumers worldwide.

We continue to lead in global prestige beauty by building on our world-class portfolio of over 25 prestige brands, developing high-quality, desirable products and cultivating a culture of anticipating and embracing change.

Our industry is dynamic and we capitalize on shifting consumer preferences across categories and regions to fuel our growth. Staying ahead of the curve is critical to success and our 10-year Compass identifies future consumer and demographic trends that we believe will drive prestige beauty growth.

We see long-term opportunities to reach more consumers with our winning strategy. Today’s prestige beauty consumers increasingly seek unique experiences from brands with authentic points of view across platforms. Our products are sold in nearly every corner of the world and our ability to quickly and nimbly reallocate resources to our most compelling opportunities and provide aspirational, High-Touch brand experiences enables us to continue to deliver industry-leading performance.

We see long-term opportunities to reach more consumers with our winning strategy.

Fabrizio Freda

President and CEO

It is my privilege to partner with William Lauder, our Executive Chairman, whose unfailing strategic capacity, dedication to cultivating the leaders of the future and commitment to sustainably running our business are integral to our Company’s performance.

We are confident that we are well-positioned to sustain our strong and profitable growth over the long-term. We will continue to build on the multiple engines that have propelled our growth, while embracing new opportunities for even greater success tomorrow.

Fabrizio Freda
President and CEO
September 23, 2016

Share this article:

The Estée Lauder Companies' Letter from President and CEO