The Estée Lauder Companies Announced The Appointment Of Stéphane De La Faverie As Its New President And Chief Executive Officer And Member Of Its Board Of Directors, Effective January 1, 2025
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The Estée Lauder Companies has appointed Stéphane De La Faverie as its new President and CEO, effective January 1, 2025. He will also join the Board of Directors.
October 30, 2024 | 10:32 am
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NEUTRAL IMPACT
Estée Lauder has announced a leadership change with Stéphane De La Faverie set to become the new President and CEO starting January 1, 2025. This strategic move could influence the company's future direction and performance.
The appointment of a new CEO can have significant implications for a company's strategic direction and operational performance. However, as the change is set for 2025, the immediate short-term impact on stock price is likely neutral.
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