Lynne Greene, Group President, The Estée Lauder Companies Inc., has announced her retirement from the company. Lynne, who has been at Lauder in various roles for nearly 40 years, will exit her position June 30, 2016 with her transition beginning in January 2016.
Leonard A. Lauder, Chairman Emeritus, The Estée Lauder Companies, said, “From the moment Lynne joined us in 1976, I knew she was a star. Not only did she never disappoint, she always went beyond expectation in everything she did. A great leader, great brand steward, and a great person!”
As a visionary, strategic leader, mentor and forward thinking beauty veteran, CEW will honor Lynne and her contributions to the beauty industry with a Lifetime Achievement Award on October 16 at its annual Achiever Awards event. The award will be presented to Lynne by Carlotta Jacobson, President, CEW, preceded by remarks from Mr. Lauder. Lynne has served on the board of CEW for the past 11 years.
Most recently, Lynne oversaw all global aspects of six Lauder brands, including Clinique, Aveda, Origins, Ojon, Darphin and the Men’s Skincare Group. She is also a member of the Executive Leadership Team and numerous corporate committees. She has been praised for her work in building Clinique, a $2 billion-plus brand globally, according to the firm’s recent Barclay’s presentation.
“Lynne is an extraordinary executive, leader, colleague and friend. Her vision, exceptional creativity and ability to develop outstanding teams have inspired our people, built our brands and played an important role in growing The Estée Lauder Companies. Her many accomplishments and the people she has touched are far-reaching,” said Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies.
William P. Lauder, Executive Chairman, The Estée Lauder Companies, said of Lynne’s retirement, “Lynne is the epitome of an inspirational leader. We are proud to have played an integral role in her illustrious career and know that she will take this next step in her life by leaving a special mark of inspiration and success through every area of the business she touched. Lynne will always be a member of our Estée Lauder Companies family,”
