NEW YORK — William Lauder, president and chief executive officer of the Estée Lauder Cos. until March, saw his total compensation increase 16.1 percent in fiscal 2008 to $9.2 million. That included a salary of $1.5 million, stock awards valued at $2.2 million and options awards of $2.3 million and other compensation, according to a filing with the Securities and Exchange Commission Monday.
Lauder stepped down as president in March, when Fabrizio Freda joined the beauty group from Procter & Gamble as president and chief operating officer.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)