Estée Lauder board member Ronald Lauder, who has been with the company for more than 50 years, retires from the position and is succeeded by his son-in-law Eric Zinterhofer, effective immediately.
- Lauder’s daughter Jane Lauder will continue to serve on the board in her current position
- Eric Zinterhofer, who is married to Lauder’s daughter Aerin Lauder, will be his second designee
- Zinterhofer co-founded Searchlight Capital Partners and was a senior partner at Apollo Management in New York
- Lauder will remain Chair of Clinique Laboratories
Link to statement
To contact the reporter on this story:
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.