William P. Lauder Biography
William P. Lauder is an American businessman who is the executive chairman of The Estée Lauder Companies, one of the world’s major manufacturers of skincare, cosmetics, fragrance, and hair care products.
How old is William P. Lauder? – Age
He is 63 years old as of 11 April 2023. He was born in 1960 in the United States of America.
William P. Lauder Family
Lauder is the son of Evelyn Lauder (née Hausner) and Leonard A. Lauder, as well as the grandson of Estée and Joseph Lauder, the Estée Lauder Companies’ founders. His father was Jewish from Hungary and Czechoslovakia, while his mother was Jewish from Austria. W
William P. Lauder Education
illiam Lauder earned a bachelor’s degree in economics from the University of Pennsylvania’s Wharton School in 1983.
William P. Lauder Wife – Daughters
He married Karen Jacobs in 1987; they divorced in 2010. He has three daughters, resides in a Park Avenue co-op, and has properties in Westchester County, Colorado, and Palm Beach, Florida.
William P. Lauder Net Worth
He has an estimated net worth of $1.9 billion.
William P. Lauder Salary
In 2009, William earned a total pay of $8,037,296 as CEO of Estée Lauder, which includes a base salary of $1,500,000, a cash bonus of $975,000, stock grants of $2,769,032, and options grants of $2,703,000.
William P. Lauder Foundation
Lauder is on the boards of the University of Pennsylvania and the Trinity School in New York City. He co-chairs the Breast Cancer Research Foundation and is on the boards of The Fresh Air Fund and the 92nd Street Y.
William P. Lauder Career
Lauder joined The Estée Lauder Organizations in 1986 as territorial showcasing overseer of Clinique USA in the New York Metro region. Lauder then, at that point, burned through two years at Prescriptives as field project lead. Preceding joining The Estée Lauder Organizations, he finished Macy’s chief preparation program in New York City and became partner marketing supervisor of the New York Division/Dallas store at the hour of its opening in September 1985.
From 1990 to 1998, Lauder was VP/senior supervisor and afterward leader of Beginnings Regular Assets Inc., where he drove the presentation and improvement of this brand. Under his initiative, Starting points made a store-inside a-store idea and had the most noteworthy development pace of restorative organizations in the U.S.
From June 1998 to July 2001, Lauder was president, Clinique Labs. Under his administration, Clinique’s Emphatically Unique Saturating Salve turned into the top of the line healthy skin item in U.S. retail chains, and Clinique sent off its most memorable enemy of maturing item, Stop Signs Apparent Enemy of Maturing Serum, which won the Corrective Chief Ladies (CEW) Grant for “Best Skin health management Item in Restricted Dissemination” in 2000. Lauder was instrumental in expanding the brand’s piece of the pie in the hair care classification, driving the send off of the Clinique Basic Hair Care Framework. He likewise administered the Clinique site.
From 2001 to 2004, Lauder was bunch leader of The Estée Lauder Organizations, and leader of Clinique Around the world. In this job, he drove the overall organizations of Clinique and Beginnings and the organization’s retail division, including Aveda, Starting points and M•A•C. He coordinated the organization’s web-based exercises on an overall premise, including the Gloss.com joint endeavor with Chanel and Clarins.
Lauder succeeded Fred H. Langhammer as CEO in July 2004, a position he held until July 2009, when he was prevailed by Fabrizio Freda. Lauder had recently been head working official of The Estée Lauder Organizations, a position he held since January 2003. Lauder was liable for the oversight of the organization’s all’s worldwide tasks. Likewise, he regulated nine of the organization’s specialty brands, including Prescriptives, Aveda and Bobbi Brown.