Alright, let’s talk about this Fabrizio Freda fella and that Estee Lauder company. Don’t know much about fancy business, but I heard things, you know, from the telly and the neighbors.
Fabrizio Freda, the Big Boss Man at Estee Lauder
So, this Fabrizio Freda, he’s the big boss man, the tippy-top guy at Estee Lauder. They call him the President and Chief Executive Officer. Sounds real important, like he’s in charge of everything. And I guess he is, been there since, what, 2009? That’s a long time to be bossin’ folks around. He took over from someone else, but I don’t remember their name. Too many names to keep track of, ya know?
He wasn’t always the top dog, though. Started as President and Chief Operating Officer in 2008. Worked his way up, I reckon. Like learnin’ to bake bread before you open a bakery, makes sense. He’s from Italy, that Naples place. Probably eats a lot of spaghetti, good for him.
This year, 2024, they paid him a whole bunch of money, like 17.8 million dollars. That’s more money than I’ll see in ten lifetimes! But it’s less than he got before, so maybe he ain’t doin’ so hot this year? Who knows, these rich folks and their money games. Last year it was 21.8 million, and the year before that, even more, 25.4 million! They throw around money like it’s nothin’.
- Big Boss: President and CEO of Estee Lauder
- Started in 2008, CEO since 2009
- From Naples, Italy
- Makes a whole lotta money, but less this year
Estee Lauder, the Lady and Her Company
Now, this Estee Lauder, she was a woman, see? A real go-getter from what I hear. She started this whole thing way back when. Her real name was Josephine Esther Mentzer, but Estee Lauder sounds fancier, I guess. Born in 1908, lived a long life, passed in 2004. That’s a good long life, better than some.
She wanted women to buy their own perfume, not wait for some fella to give it to ‘em. Smart woman, that Estee. So, in 1953, she made this stuff called Youth-Dew. It was a bath oil but also a perfume. Folks loved it, bought it up like hotcakes. That’s how she made her millions and built this big company. Just imagine, from bath oil to all these fancy creams and makeup.
She started the company with her husband, Mr. Lauder I suppose. A good team they were, workin’ together. They built somethin’ from nothin’, that’s the American dream, ain’t it?
Changes at the Top and What’s Next
So, Fabrizio, he’s been runnin’ things for a while, but things are changin’. They say he’s gonna retire at the end of 2025. Guess he’s had enough of bossin’ people around. Or maybe he just wants to sit on his porch and drink lemonade, like me. Gotta rest sometime, can’t work forever.
There’s a new fella takin’ over, Stephane de La Faverie. And Jane Lauder, she’s part of the family I think, she’s leavin’ her fancy job too. Lots of shakin’ up going on, wonder what will happen next. Hope they don’t mess things up, Estee worked hard for that company.
My Take on It All
Honestly, all this fancy business stuff is over my head. But it seems like Estee Lauder was a smart lady who built somethin’ great. And Fabrizio, he’s been keepin’ it goin’ for a long time. Now, things are changin’, and that’s just the way life is. Nothin’ stays the same forever, not even those fancy face creams. They get old and dry out eventually.
Keywords Used: Estee Lauder, Fabrizio Freda, CEO, President, Youth-Dew, retirement, cosmetics, business. I think those are the right words, the ones the young people use on their computers.
So, that’s what I know about Estee Lauder and Fabrizio Freda. It ain’t much, but it’s honest. Just an old woman’s thoughts on a big company. Now, if you’ll excuse me, I gotta go water my plants. They need more attention than all these fancy business dealings.
