Estée Lauder Companies (ELC) has revealed how much it paid its leadership team last year, including newly installed President and CEO Stéphane de La Faverie.
The compensation of ELC’s c-suite executives was published in annual financial filings with the SEC covering the 2025 fiscal year to 30 June.
As the top executive at ELC, de La Faverie took home an annual base salary of US$1.5m after being promoted to the position from January this year.
Prior to that, he made $1.375m as Executive Group President, and $1.25m in that role in 2024.
De La Faverie also earned an annual incentive bonus of $1.181m.
Fabrizio Freda, the former President and CEO who announced his retirement last year, earned a base salary of $2.1m and a bonus of just over $3m.
Jane Hertzmark Hudis, Executive VP, Chief Brand Officer at ELC, earned a base salary of $1.344m and was paid a bonus of just over $1m.
Peter Jueptner, ELC’s outgoing Group President, International, had an annual base salary of $1.25m and earned a $947k bonus.
Akhil Shrivastava, Executive Vice President and CFO, who was elevated to the role in November 2024, banked an annual base salary of $840k in 2025, up from $613,000 the previous year and a pay rise of 37%.
The finance chief also earned a $443,000 bonus.
Former Executive Vice President and CFO Tracey Travis who retired in June this year earned a base salary of $1.195m and took home a $819k bonus.
Rashida La Lande, Executive Vice President and General Counsel who joined ELC in August 2024, was paid an annual base salary of $784k and a $753k bonus.
Executives were also handed long-term equity-based compensation made up of various stock options, the value of which depends on ELC’s share price.
Bonus payments amounted to between 47% and 59% of the available pot due to performance.
The beauty giant, which owns Clinique, Deciem and MAC Cosmetics, is undergoing a restructuring under the “Beauty Reimagined” action plan, which is aiming to return the group to profit and growth.
Around 7,000 job cuts are expected, with half already gone as of June 30, according to its most recent annual results.
The fiscal filing showed an 8% fall in sales to $14.3bn in 2025 and a 5% fall in profit to $10.5bn.
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