Lauder emphasized the company's need for a "necessary and fundamental turnaround" during her departure, indicating her desire to support Estée Lauder from a different capacity.
Having served in senior roles since 1996, Lauder leaves after being considered for CEO, mentioning her focus on helping the company return to its leadership in prestige beauty.
Estée Lauder's recent challenges include a 2% decrease in organic sales, particularly due to "ongoing softness in China," as shared in their financial reports.
Fabrizio Freda's retirement at the end of the 2025 financial year has triggered a leadership shake-up as Estée Lauder considers candidates for succession.
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