Estée Lauder: A brand new technology of the Lauder household joins the Board of Administrators

Eric Zinterhofer, who’s married to Ronald S. Lauder’s daughter Aerin Lauder will succeed his father-in-law on the Board of Administrators of The Estée Lauder Firms. Mr Lauder different daughter, Jane Lauder, will proceed to serve on the Board in her present place.

Mr. Zinterhofer serves on the Funding Committee, Working Committee and Valuation Committee, and is collectively accountable for overseeing the Agency’s actions with the 2 different Founding Companions. He serves on the boards of a number of portfolio corporations of Searchlight together with Care Benefit, Hemisphere, Liberty Latin America, and TelevisaUnivision, and serves as Chairman of the Board of Constitution Communications. Previous to co-founding Searchlight, he was a senior associate at Apollo Administration in New York. Mr. Zinterhofer obtained a BA in each honors economics and European historical past, cum laude, from the College of Pennsylvania and an MBA from the Harvard Enterprise College.

Ronald S. Lauder is the son of Estée Lauder and Joseph Lauder, who based the Estée Lauder cosmetics firm in 1946. His older brother, Leonard, introduced his departure from the Board final yr in August. Ronald S. Lauder joined the Estée Lauder group in 1964 and has served in numerous capacities. He was a member of the Board of Administrators of the Firm from 1968 to 1986, from 1988 to July 2009 and from 2016 by means of his most up-to-date retirement. His departure marks the passing of the baton to a brand new technology.

Along with his actions with The Estée Lauder Firms, Ronald S. Lauder served as Deputy Assistant Secretary of Protection for European and NATO Affairs from 1983 to 1986. From 1986 to 1987, he was U.S. Ambassador to Austria. Mr. Lauder is an Honorary Chairman of the Board of Trustees of the Museum of Trendy Artwork and President of the Neue Galerie. He’s additionally Chairman of the Board of Governors of the Joseph H. Lauder Institute of Administration and Worldwide Research at The Wharton College on the College of Pennsylvania and the co-founder and Co-Chairman of the Alzheimer’s Drug Discovery Basis.

The group’s board of administrators is at the moment chaired by William P. Lauder, one in all Leonard Lauder’s two kids.