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Letter From Stéphane de La Faverie

Company Feature

Dear Stakeholders,  

It is both an honour and a privilege to have stepped into the role of President and CEO of this extraordinary company earlier this year. As we continue to chart a path toward long-term, sustainable growth, I am deeply optimistic about what lies ahead—for The Estée Lauder Companies, for our consumers, and for the communities we proudly serve. 

This year, we introduced Beauty Reimagined, our strategic vision and action plan to become the best, most consumer-centric prestige beauty company. In today’s dynamic landscape, staying agile and innovative is essential to maintaining our long tradition of excellence. With the consumer as our north star, and grounded in our entrepreneurial roots, we will continue to build the desirability of our extraordinary brands through disruptive products and unique experiences that inspire consumers around the world. 

Stéphane de La Faverie

Stéphane de La Faverie, President and CEO

Our environmental and social impact efforts are rooted in our values and strongly support the vision of Beauty Reimagined. As we transform our company to better capture growth and drive profitability, we remain steadfast in our commitment to advancing environmental stewardship and social impact. From product development to packaging and distribution, we are consciously embedding sustainability into the way we operate, while supporting communities where we live, work, and source.

As we highlight our company’s sustainability and social impact progress in this year’s report, we also honour the memory of Leonard A. Lauder, our Chairman Emeritus, whose values are woven into the fabric of our company. A true visionary and industry icon, Mr. Lauder was renowned for his passionate leadership and service to the community. He was beloved by many, and we will continue to honour his legacy by leading with integrity, never compromising on quality, and striving to make a positive impact.

Finally, I would like to thank our exceptional teams across the company for their commitment to the values that have shaped The Estée Lauder Companies. Their creativity and innovation are what make our achievements possible and our future so promising. With our talented employees, exceptional brand portfolio, and shared purpose, we will continue to shape the future of beauty together.  


Stéphane de La Faverie  
President and CEO, The Estée Lauder Companies 

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