Estée Lauder confirms CFO departure

The Estée Lauder Companies CFO Tracey Travis will retire next year, with a successor to be named in the coming weeks.

Travis joined Estée Lauder as Executive Vice President and CFO in 2012, working across the company’s global finance, accounting, tax, treasury, investor relations, information technology, and strategy and new business development organisations.

She has also co-led the company’s Global Value Council and served as a member of the Executive Leadership Team and the Investment Development Committee. She will exit the firm on 30 June 2025.

Fabrizio Freda, President and CEO of Estée Lauder Companies, said: "Tracey has been an invaluable business partner and a trusted advisor to me, our executives and Board of Directors, as well as a mentor and role model to many across our organisation.

"She has built and led a robust, integrated global finance and strategy organisation that has served as a valued business partner across the company and has helped to optimise delivery of our financial plans. Her financial acumen, discipline, and operational excellence have been essential to our company’s growth, and so many areas of our organisation have her valuable imprint on them."

Under her guidance, Estée Lauder said it has enhanced its financial strength and flexibility, enabling the business to further invest in its long-term growth drivers, such as innovation, digital transformation, emerging markets, talent development, and M&A strategy.

It also added that Travis has played a "pivotal role" in leading and advancing the financial profile of its global brand portfolio.

Her departure follows the exit of Deirdre Stanley as the company's Executive Vice President and General Counsel earlier this year.