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.
Madonna turns 59 today, marking another year of show-stopping, one-of-a-kind bold looks from the singer. To celebrate, we took a look at the superstar's most memorable fashion moments. Here, Madonna sits front row at Versace's spring runway show in 1995. See more exclusive photos from the #wwdarchive on WWD.com. #wwdeye (📷: Cédric Dordevic)
WWD asked a handful of creative directors to evaluate the September covers of leading women's fashion magazines. How do they think the covers this year compare with years gone by, and what do they say about the current status of the publication? Link in bio. (GIF by @hypebreast)
"Stephen King is such a master, but I don't like being scared - there's enough that's really scary. How about the morning's news?" says Holland Taylor in an interview with WWD. See what else the actress said about starring in the TV adaptation of King's thriller "Mr. Mercedes" on WWD.com. #wwdeye (📷: @jgreenery)