CHILDREN’S BUSINESS: New Yorkers for Children will bestow its inaugural Business Leadership Award to the Estée Lauder Cos. Inc. group president John Demsey at the charity’s fall 2012 gala. “I am honored to be the recipient of the very first Business Leadership Award,” Demsey said. “To me, it’s incredibly important for both companies and individuals to show an active commitment to doing good and giving back to a larger community.”

The dinner, which benefits youth in foster care, will be held at Cipriani 42nd Street on Sept. 18, and will feature a special musical performance and a live auction. The event’s cochairs will be Vanessa and Henry Cornell, Oscar de la Renta, Lise and Michael Evans, Susan and Tony Gilroy, Dayssi and Paul Kanavos, Kevin and Erika Liles, and Scott and Candice Posner.

This story first appeared in the July 9, 2012 issue of WWD. Subscribe Today.

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