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The Estée Lauder Companies Inc. (NYSE:EL) held its Annual Meeting of Stockholders today in New York City. William P. Lauder, Executive Chairman, chaired the meeting. Fabrizio Freda, President and Chief Executive Officer, reviewed financial results for the fiscal year ended June 30, 2013 and the quarter ended September 30, 2013. Mr. Freda also described the Company’s strategy and progress. Representatives of the Company answered questions from stockholders. At the meeting, stockholders re-elected Aerin Lauder, William P. Lauder, Richard D. Parsons, Lynn Forester de Rothschild and Richard F. Zannino to the Board of Directors. Additionally, stockholders ratified the appointment of KPMG LLP as independent auditors for the current fiscal year, approved the advisory vote to approve executive compensation, and approved the Company’s Executive Annual Incentive Plan. Stockholders did not approve a stockholder proposal concerning sustainable palm oil.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble
Michael Kors, American Beauty, Flirt!, GoodSkin Labs, Grassroots Research Labs, Tom Ford, Coach, Ojon, Smashbox, Ermenegildo Zegna, Aerin Beauty, Osiao, Marni and Tory Burch.
An electronic version of this release can be found at the Company’s website,