By  on September 12, 2012

Fabrizio Freda, president and chief executive officer of the Estée Lauder Cos. Inc., saw his pay drop 36.7 percent to $13.6 million for the year ended June 30.

Freda’s take included a salary of $1.8 million, options valued at $3.1 million and incentive pay of $4.5 million, according to a filing with the Securities and Exchange Commission. The big change came in the area of stock awards, which declined to $3.5 million from $13.1 million a year ago.

To access this article, click here to subscribe or to log in.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus