ELC Named to Seramount’s 2024 List of Top 80 Companies for Executive Women

New York, NEW YORK, September 27, 2024— The Estée Lauder Companies (ELC) was named to Seramount’s 2024 list of Top 80 Companies for Executive Women for the 6th consecutive year. 

Seramount’s data compiled the most definitive list of top workplaces for women in the U.S. who are advancing through the corporate ranks. It celebrates companies that champion women’s achievements, with a focus on succession planning, profit-and-loss roles, gender-pay parity, support, and flexibility programs.

“For over 75 years, ELC has never lost sight of our founder’s vision of a workplace and world where women thrive in leadership roles,” said Nicole Monson, SVP, Equity & Engagement. "Through our competitive benefits, mentorship and sponsorship programs, and strategic partnerships, we are helping close gaps in leadership by helping women access the skills, support, and opportunities they need to succeed and advance."  
 
"We are honored to be recognized this year as a top company for executive women. As we approach the 20th anniversary of Inclusion, Diversity & Equity at The Estée Lauder Companies in 2025, we are extremely proud of our continued commitment to women’s advancement and our work to create a culture of belonging for all employees,” said Marilu Marshall, Global Chief Inclusion, Diversity, and Equity Officer and SVP, Executive Management. "With this recognition, we reaffirm our dedication to driving meaningful progress for years to come."  

Advancing Possibilities: Women’s Advancement at ELC

• Globally, nearly 80% of our workforce are women. In addition, 59% of VP positions and above, and 46% of Global SVP positions and above, are held by women
• Women make up nearly half of our Board of Directors
• In fiscal 2023, women earned 99.2% of what comparably positioned men earned globally for employees across R&D, Supply Chain (including Manufacturing and Distribution), other Corporate Functions, Brands, and Regions (except for point-of-sale and non-discretionary pay populations)
• Since its launch in 2020, our signature women’s leadership program Open Doors has built critical skills for success and an unrivaled sense of community with peers and senior leaders for women in more than 15 countries
• Women lead all 6 of our global Research and Development Innovation Centers, with more than 60% of ELC scientists, engineers, and technical professionals being women
• The Women’s Leadership Network (WLN) and its subgroups, Women in Supply Chain and Women in Technology, are dedicated to engaging and encouraging women in the Company to identify and achieve their goals. WLN has more than 2,440 members globally
• In fiscal 2023, we spent $162 million with women-owned businesses—exceeding our goal of increasing women-owned business spend to $150 million by fiscal 2025

Explore the full list of Seramount’s best companies for women.

Methodology

The 2024 Top 80 Companies for Executive Women application includes 211 questions on pertinent topics, including women representation at all levels, but focuses on the corporate officer and profit-and-loss leadership ranks. The application, based on 2023 data, tracks and examines how many employees have access to programs and policies that promote advancement of women and how many women employees take advantage of them, as well as how companies train managers to help women advance. To be considered, companies must have a minimum of 2 women on their boards of directors and at least 500 US employees.

About The Estée Lauder Companies Inc.

The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty.

About Seramount

Seramount is a strategic professional services and research firm dedicated to supporting high-performing, inclusive workplaces. Over 4 decades, we’ve established a strong, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Seramount partners with over 650 of the world’s most influential companies, large and small, to offer pragmatic solutions, including best practice DEI research, workplace assessment, employee learning and development, and talent sourcing. These offerings empower organizations to navigate a dynamic corporate environment and to cultivate a resilient, connected workforce that achieves extraordinary outcomes.

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