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.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"