Stéphane de La Faverie Poised to Become Estée Lauder's Next CEO

Jane Lauder exits executive role, ending speculation about her succession amid strategic challenges for the beauty giant.

Stéphane de La Faverie, currently executive group president, is expected to be named CEO as Estée Lauder navigates a leadership transition.
Jane Lauder, a key contender for the CEO position, will step down from her executive role but remain on the board and as an advisor.
The company faces declining sales, particularly in China, and is under pressure to innovate and appeal to younger consumers.
Fabrizio Freda, the outgoing CEO, will retire by the end of fiscal 2025, with an official successor announcement anticipated soon.
The Lauder family retains significant voting power, but Jane Lauder's departure marks a shift away from family involvement in daily operations.