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Estée Lauder CEO Pay More Than Doubles to $20.58 Million
CEO Stéphane de La Faverie's compensation reached $20.58 million in fiscal 2026, more than double the prior year, as fourth-quarter net sales rose 6 percent to $3.6 billion.
Counter notes
- CEO Stéphane de La Faverie's fiscal 2026 pay package totaled $20.58 million, up from $9.6 million the prior year, per SEC filings.
- CFO Akhil Shrivastava earned $5.1 million; chief brand officer Jane Hertzmark Hudis earned $11.3 million.
- Fourth-quarter net sales rose 6 percent to $3.6 billion, beating Wall Street's $3.54 billion forecast.
Estée Lauder Cos. president and chief executive officer Stéphane de La Faverie received a total pay package of $20.58 million for fiscal year 2026, up from $9.6 million the prior year, according to filings with the Securities and Exchange Commission.
The package, disclosed in the company's annual report, breaks down into a $1.5 million base salary, stock and option awards totaling $14.7 million, $4.1 million in non-equity incentive compensation and additional benefits. Some of the stock options' full value might never be realized due to fluctuations in stock prices and vesting schedules.
CFO Akhil Shrivastava followed with a total package of $5.1 million, comprising a base salary of $900,000 and stock and option awards of $2.6 million.
Jane Hertzmark Hudis, executive vice president and chief brand officer, earned $11.3 million in total compensation. Her package included a base salary of $1.34 million and stock and option awards of $6.5 million.
Executive vice president and general counsel Rashida La Lande received $7.6 million, with a base of $927,000 and stock and option awards of $3.68 million. Roberto Canevari, executive vice president and chief value chain officer, took home $6.4 million, including a base of $1.125 million and stock and option awards of $3.47 million.
The pay disclosures arrive as the beauty giant, whose brands include Estée Lauder, Clinique, Deciem and Bobbi Brown, reports renewed growth. Net sales rose 6 percent in the fourth quarter to $3.6 billion, reflecting growth across all regions. Wall Street analysts had forecast $3.54 billion.
"We are growing again," de La Faverie said during a call with reporters at the time. "We ended fiscal 2026 with our strongest quarter of the fiscal year, and one of the strongest quarters that we have had in many years, which gives me real confidence of where we are heading next. We have also fundamentally changed how we operate as a company."
The compensation figures signal the board's willingness to reward a leadership team that has delivered a turnaround quarter — and set a high bar for the executive pay packages investors will scrutinize in the year ahead.
via WWD (Source)
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Market editor covering media and advertising at Eurasian Beauty Journal.
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