Retail News

Former P&G Exec to Take Helm at Lauder in Two Years

The Associated Press/International Herald Tribune 11/08/2007

In an unusual announcement, Estee Lauder Cos. has said the former head of Procter & Gamble’s snack business, Fabrizio Freda, will take over as its CEO within two years. He will replace William Lauder, grandson of the company’s founder.

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