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NEW YORK — The Estée Lauder Corporations Inc. (NYSE: EL) (“ELC” or “the Firm”) introduced immediately that Rashida La Lande has been appointed Govt Vice President and Basic Counsel, efficient August 19, 2024. Ms. La Lande will collectively report back to William P. Lauder, Govt Chairman, and Fabrizio Freda, President and Chief Govt Officer. She’s going to be a part of the Firm’s Govt Management Group.
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As Govt Vice President and Basic Counsel, Ms. La Lande can be liable for ELC’s international Authorized group. She’s going to act as a strategic advisor to the group and to ELC’s Board of Administrators on advanced international authorized points and the Firm’s enterprise. On this vital function, she’s going to lead the Firm’s authorized technique, practices, and insurance policies globally. She will even oversee the Firm’s World Privateness Workplace and World Safety Group. Ms. La Lande will act as a key accomplice to the Firm’s management and enterprise items throughout the group on a variety of authorized issues together with company methods, reporting, compliance, threat mitigation, governance and enterprise transactions. She will even lead the Firm’s authorized overview of potential acquisitions, divestitures, and joint ventures.
Ms. La Lande brings along with her greater than 25 years of expertise advising firms and representing corporations and personal fairness sponsors within the shopper merchandise, retail, monetary companies, and expertise industries.
“Rashida’s spectacular expertise appearing as a key strategic accomplice to govt management groups and boards coupled along with her sound judgment advising a publicly traded, values-driven enterprise on authorized issues makes her ideally suited to this function,” stated William P. Lauder.
Ms. La Lande joins The Estee Lauder Corporations from The Kraft Heinz Firm, the place she held roles of accelerating accountability since January 2018, culminating because the Govt Vice President and World Chief Authorized and Company Affairs Officer in December 2023. Throughout her tenure with Kraft Heinz, Ms. La Lande was liable for main the authorized perform, together with company governance and securities, transactions, regulatory, mental property, litigation, and labor and employment, in addition to the corporate’s Environmental Social and Governance actions and World Authorities Affairs perform.
“Rashida’s in depth expertise managing authorized issues throughout a various portfolio of iconic and new manufacturers for one of many largest meals and beverage corporations on the planet makes her uniquely certified for this function,” stated Fabrizio Freda. “Working intently with our Board of Administrators, William, and me, Rashida can be a vital accomplice in driving ELC’s technique for long-term sustainable, worthwhile development, and bringing our manufacturers and firm to the following stage.”
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Previous to becoming a member of The Kraft Heinz Firm, Ms. La Lande was a accomplice on the Gibson, Dunn & Crutcher regulation agency, the place she practiced as a accomplice from 2007 to 2018 and as an affiliate from 2000 to 2007. She started her authorized profession as an affiliate at Chadbourne & Parke LLP from 1998 to 2000.
Ms. La Lande holds a Bachelor of Arts in African American Research from Harvard College and a Juris Physician from Columbia Legislation Faculty in New York Metropolis.
Cautionary Word Relating to Ahead-Wanting Statements
Statements on this press launch might represent forward-looking statements throughout the that means of the Non-public Securities Litigation Reform Act of 1995. Such statements embody the assorted quotations associated to technique, development and the way forward for the Authorized, Privateness and Safety capabilities. Though the Firm believes that its expectations are primarily based on affordable assumptions throughout the bounds of its information of its enterprise and operations, precise outcomes might differ materially from the Firm’s expectations. Components that would trigger precise outcomes to vary from expectations embody the flexibility to efficiently implement the Firm’s revenue restoration and development plan and people described within the Firm’s filings with the Securities and Alternate Fee, together with its Annual Report on Type 10-Okay for the fiscal 12 months ended June 30, 2023. The Firm assumes no accountability to replace forward-looking statements made herein or in any other case.
About The Estée Lauder Corporations Inc.
The Estée Lauder Corporations Inc. is among the world’s main producers, entrepreneurs, and sellers of high quality skincare, make-up, perfume, and hair care merchandise, and is a steward of luxurious and status manufacturers globally. The Firm’s merchandise are offered in roughly 150 nations and territories below model names together with: Estée Lauder, Aramis, Clinique, Lab Sequence, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Magnificence, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Confronted, Dr.Jart+, and the DECIEM household of manufacturers, together with The Unusual and NIOD.
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Contacts
Traders: Rainey Mancini
rmancini@estee.com
Media: Jill Marvin
jimarvin@estee.com
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