Estée Lauder Executives Step Down as Company Faces Share Decline

In a significant shift for Estée Lauder Companies Inc., both executive chairman William P. Lauder and chief executive Fabrizio Freda are set to step down from their daily operational roles amidst a troubling decline in the company’s stock prices. Both Lauder and Freda have been instrumental in shaping the beauty titan’s strategy and vision over the years, steering it through a rapidly evolving industry landscape.

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