William P. Lauder
Encyclopedia
William P. Lauder is Executive Chairman and Chairman of The Estée Lauder Companies
' board of directors
. The Estée Lauder Companies is recognized as a global premium consumer goods company by the investment community and is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products, with annual sales of over $8 billion. Its products are sold in more than 150 countries and territories under 29 well-recognized brand names.
in 1983 with a B.S. in economics. He is a grandson of Mrs. Estée Lauder
, the Company's founder, and a son of Evelyn H.
and Leonard A. Lauder.
on July 1, 2004, a position he held until July 2009, when he was succeeded by Fabrizio Freda
. Mr. Lauder had previously been chief operating officer
of The Estée Lauder Companies, a position he held since January 1, 2003. Mr. Lauder was responsible for the oversight of all of the Company's Global Operations, including Manufacturing, Research & Development and Human Resources, as well as Retail Store Operations and all activities for The Estée Lauder Companies' International business. In addition, he oversaw nine of the Company's specialty brands, including Prescriptives, Aveda
and Bobbi Brown
.
Previously, Mr. Lauder was Group President, The Estée Lauder Companies and President, Clinique
Worldwide. In this role, he led the worldwide businesses of Clinique and Origins
and the rapidly growing Retail Division of the Company, which encompasses the management of freestanding stores for all brands, including Aveda, Origins and M•A•C
. Additionally, he directed the Company's online activities on a worldwide basis, including the Gloss.com joint venture with Chanel
and Clarins
.
From June 1998 to July 2001, Mr. Lauder was President, Clinique Laboratories. Under his leadership, Clinique's Dramatically Different Moisturizing Lotion became the best-selling prestige skin care product in U.S. department stores, and Clinique launched its first anti-aging product, Stop Signs Visible Anti-Aging Serum, which won the Cosmetic Executive Women (CEW) Award for "Best Skin Care Product in Limited Distribution" in 2000. Mr. Lauder was instrumental in increasing the brand's market share in the hair care category, spearheading the launch of the Clinique Simple Hair Care System. He also supervised the Clinique Website as a marketing and brand-enhancing vehicle that served to both deepen existing consumer relationships and engage new consumers.
From 1990 to 1998, Mr. Lauder served first as Vice President/General Manager and later as President of Origins Natural Resources Inc., where he led the introduction and development of this lifestyle brand. Under his leadership, Origins created the innovative store-within-a-store concept and had the highest growth rate of prestige cosmetic companies in the U.S.
Mr. Lauder joined The Estée Lauder Companies in 1986 as Regional Marketing Director of Clinique U.S.A. in the New York Metro area. Mr. Lauder then spent two years at Prescriptives as Field Sales Manager. Prior to joining The Estée Lauder Companies, he completed Macy's
executive training program in New York City and became Associate Merchandising Manager of the New York Division/Dallas store at the time of its opening in September 1985.
and the Trinity School
in New York City. He is a member of the Board of Directors of The Fresh Air Fund and the 92nd Street Y
.
Estée Lauder Companies
Estée Lauder Companies, Inc. is a manufacturer and marketer of prestige skincare, makeup, fragrance and hair care products. The company has its headquarters in Midtown Manhattan, New York City.-History:...
' board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
. The Estée Lauder Companies is recognized as a global premium consumer goods company by the investment community and is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products, with annual sales of over $8 billion. Its products are sold in more than 150 countries and territories under 29 well-recognized brand names.
Biography
William Lauder graduated from the Wharton School of the University of PennsylvaniaWharton School of the University of Pennsylvania
The Wharton School is the business school of the University of Pennsylvania, an Ivy League university in Philadelphia, Pennsylvania. Wharton was the world’s first collegiate business school and the first business school in the United States...
in 1983 with a B.S. in economics. He is a grandson of Mrs. Estée Lauder
Estée Lauder (person)
Estée Lauder was an American businesswoman who was the co-founder, along with her husband Joseph Lauder, of Estée Lauder Companies, a pioneering cosmetics company. Lauder was the only woman on TIME magazine's 1998 list of the 20 most influential business geniuses of the 20th century. She was the...
, the Company's founder, and a son of Evelyn H.
Evelyn Lauder
Evelyn Lauder was an American socialite and philanthropist who has been credited as one of the creators and popularizers of the pink ribbon as a symbol for awareness of breast cancer....
and Leonard A. Lauder.
Career
William Lauder had succeeded Fred H. Langhammer as chief executive officerChief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
on July 1, 2004, a position he held until July 2009, when he was succeeded by Fabrizio Freda
Fabrizio Freda
-Biography:He was born in Naples and graduated from University of Naples Federico II in March 1981.-Career:He was appointed president and chief executive officer of The Estée Lauder Companies Inc. on July 1, 2009, succeeding William P. Lauder...
. Mr. Lauder had previously been chief operating officer
Chief operating officer
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
of The Estée Lauder Companies, a position he held since January 1, 2003. Mr. Lauder was responsible for the oversight of all of the Company's Global Operations, including Manufacturing, Research & Development and Human Resources, as well as Retail Store Operations and all activities for The Estée Lauder Companies' International business. In addition, he oversaw nine of the Company's specialty brands, including Prescriptives, Aveda
Aveda
Aveda Corporation is a company headquartered in Blaine, Minnesota, that manufactures skin care, cosmetics, perfume, hair care products, and trains students in cosmetology and esthiology at the Aveda Institutes in Minneapolis, New York City, Washington, DC, Vancouver, Calgary, Toronto and many other...
and Bobbi Brown
Bobbi Brown
Bobbi Brown is the founder and CEO of Bobbi Brown Cosmetics. Her products are sold in over 988 stores and 56 countries worldwide.-Biography:From a young age, Bobbi loved makeup...
.
Previously, Mr. Lauder was Group President, The Estée Lauder Companies and President, Clinique
Clinique
Clinique is a manufacturer of skincare, cosmetics, toiletries and fragrances, owned by the Estée Lauder Corporation.- History :In 1967, American Vogue magazine published an article called “Can Great Skin Be Created?”, written by beauty editor Carol Phillips with Dr. Norman Orentreich, discussing...
Worldwide. In this role, he led the worldwide businesses of Clinique and Origins
Origins (cosmetics)
Origins is a cosmetics brand from USA, founded in 1990 by Leonard Lauder, son of Estee Lauder. It is one of the original brands of The Estee Lauder Companies, meaning that it was created by the Lauder family, not obtained through an acquisition or buy-out.The company is known for their natural...
and the rapidly growing Retail Division of the Company, which encompasses the management of freestanding stores for all brands, including Aveda, Origins and M•A•C
Make-up Art Cosmetics
Make-up Art Cosmetics, better known as M·A·C or MAC Cosmetics, is a manufacturer of cosmetics founded in Toronto, Canada and headquartered in New York City, New York.-History:...
. Additionally, he directed the Company's online activities on a worldwide basis, including the Gloss.com joint venture with Chanel
Chanel
Chanel S.A. is a French fashion house founded by the couturier Gabrielle "Coco" Chanel, well established in haute couture, specializing in luxury goods . She gained the name "Coco" while maintaining a career as a singer at a café in France...
and Clarins
Clarins
Clarins is a French cosmetics company specializing in skincare products and fragrances.The family company was founded in 1954 by the medical student Jacques Courtin-Clarins, who died in 2007...
.
From June 1998 to July 2001, Mr. Lauder was President, Clinique Laboratories. Under his leadership, Clinique's Dramatically Different Moisturizing Lotion became the best-selling prestige skin care product in U.S. department stores, and Clinique launched its first anti-aging product, Stop Signs Visible Anti-Aging Serum, which won the Cosmetic Executive Women (CEW) Award for "Best Skin Care Product in Limited Distribution" in 2000. Mr. Lauder was instrumental in increasing the brand's market share in the hair care category, spearheading the launch of the Clinique Simple Hair Care System. He also supervised the Clinique Website as a marketing and brand-enhancing vehicle that served to both deepen existing consumer relationships and engage new consumers.
From 1990 to 1998, Mr. Lauder served first as Vice President/General Manager and later as President of Origins Natural Resources Inc., where he led the introduction and development of this lifestyle brand. Under his leadership, Origins created the innovative store-within-a-store concept and had the highest growth rate of prestige cosmetic companies in the U.S.
Mr. Lauder joined The Estée Lauder Companies in 1986 as Regional Marketing Director of Clinique U.S.A. in the New York Metro area. Mr. Lauder then spent two years at Prescriptives as Field Sales Manager. Prior to joining The Estée Lauder Companies, he completed Macy's
Macy's
Macy's is a U.S. chain of mid-to-high range department stores. In addition to its flagship Herald Square location in New York City, the company operates over 800 stores in the United States...
executive training program in New York City and became Associate Merchandising Manager of the New York Division/Dallas store at the time of its opening in September 1985.
Board positions
Mr. Lauder is on the Boards of Trustees of the University of PennsylvaniaUniversity of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
and the Trinity School
Trinity School (New York City)
Trinity School is a private, preparatory, co-educational day school for grades K-12 located in New York City, USA, and a member of both the New York Interschool and the Ivy Preparatory School League...
in New York City. He is a member of the Board of Directors of The Fresh Air Fund and the 92nd Street Y
92nd Street Y
92nd Street Y is a multifaceted cultural institution and community center located on the Upper East Side of Manhattan in New York City, United States, at the corner of E. 92nd Street and Lexington Avenue. Its full name is 92nd Street Young Men's and Young Women's Hebrew Association...
.