The Estée Lauder Cos. Names Sara E. Moss Vice Chair

In a major corporate appointment at the Estée Lauder Cos. Inc., Sara E. Moss, the firm’s current executive vice president and general counsel, has been named vice chairman. Moss will have three key areas of focus in her new role, the company said. First, she will serve as a senior adviser to the executive management team, the board and the Lauder family. She will also act as a liaison between the Lauder family and the board, while helping to advance a framework to enable the company’s long-term and sustainable success as a family-controlled, public company. Thirdly, Moss will work with chief executive officer Fabrizio Freda and senior company executives to oversee Lauder’s global programs focused on developing female leadership in the company. She will report to Freda and executive chairman William P. Lauder. The position is a new one for the company, which went public in 1995 and has a dual-class stock structure, with the Lauder family owning about 40 percent of the total common stock (through both Class A and Class B shares) and about 87 percent of the voting power, according to the company’s web site. The timing of the appointment comes as a new generation of family members comes of age, said

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