The former chairman of Esteé Lauder, Leonard A Lauder, has sadly passed away at the age of 92.
Lauder’s death leaves a significant void in the company and the wider industry. His son, Gary M Lauder, who is also a member of the Esteé Lauder board of directors, expressed his sorrow at the loss. He emphasized the immeasurable impact of Lauder’s life, the significant contributions he made to the company, and the values of integrity, curiosity, and philanthropy that he instilled in the Esteé Lauder family. His presence will be sorely missed.
Lauder, the elder son of Esteé and Joseph H Lauder, joined the family business more than six decades ago. Armed with vision and tenacity, he played an instrumental role in the company’s transformation. Under his leadership, Esteé Lauder evolved from a single brand in the U.S. market to a global cosmetics giant boasting multiple illustrious brands.
Before his tenure as chairman, Lauder held several leadership positions within the company, including serving as the president and CEO of Esteé Lauder from 1972 to 1999.
Lauder was also instrumental in initiating the launch of various brands such as Aramis, Clinique, and Lab Series. His strategic vision extended to the company’s acquisition strategy, leading to the inclusion of prestigious brands like Aveda, Bobbi Brown, Jo Malone London, La Mer, and Mac under the Esteé Lauder umbrella.
Stephane de La Faverie, current president and CEO of Esteé Lauder, recognized Lauder as an industry icon and pioneer who inspired employees and garnered respect worldwide for his visionary leadership.
Beyond his business ventures, Lauder dedicated his efforts to various fields, including medical research, particularly in the areas of cancer and Alzheimer’s, public education, art, foreign policy, and philanthropy. His varied contributions earned him several prestigious awards and accolades.
What role did Leonard A Lauder play in Esteé Lauder’s growth?
Leonard A Lauder was instrumental in transforming Esteé Lauder from a single-brand company into a multi-brand cosmetics powerhouse with a global presence.
What were some of the brands that Leonard A Lauder introduced?
He initiated the launch of several brands, including Aramis, Clinique, and Lab Series, and contributed to the company’s acquisition of Aveda, Bobbi Brown, Jo Malone London, La Mer, and Mac.
What contributions did Leonard A Lauder make outside of his business ventures?
Lauder was heavily involved in various philanthropic activities, including cancer and Alzheimer’s research, public education, art, foreign policy, and philanthropy, earning him several prestigious awards.
