By  on May 23, 2008

William Lauder, president and chief executive officer of the Estée Lauder Cos. Inc., received the honorary degree of Doctor of Humane Letters at the commencement ceremony of the Fashion Institute of Technology, which was held on Tuesday at Radio City Music Hall in Manhattan.

"It's such an honor to receive this kind of award from such a great institution, which educates and trains future leaders in our industry," said Lauder. "It's vitally important for the continued health of our industry to have this kind of institution."

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