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Leonard Lauder Steps Down From Estée Lauder Board of Directors

The 90-year-old joined the company in 1958 and has held several C-suite positions.
Leonard A. Lauder steps down from Estée Lauder’s board of directors.
Leonard A. Lauder steps down from Estée Lauder’s board of directors. (Getty Images)

Leonard Lauder, the billionaire heir to the Estée Lauder Companies cosmetics fortune, plans to step down from the company’s board of directors in November of this year. Lauder will remain chairman emeritus of the company.

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