Deirdre Stanley, executive vice president and general counsel of The Estée Lauder Companies (ELC), has decided to step down from her role to ‘embark on a new chapter’, according to the firm.
Stanley will continue in her position until April 2, 2024, and her successor will be announced at a later date, the New York-based company says. She did not respond immediately to a request for comment.
Stanley joined ELC in her current position in October 2019. She is a member of the company’s executive leadership team and advises the board and management on global legal issues and business interests such as governance, compliance, corporate strategies, reporting, risk mitigation and complex business transactions. She also leads ELC’s legal review of potential acquisitions, divestitures and joint ventures.
According to the company, Stanley has strengthened the alignment of its legal capabilities with business priorities and developed strategies to enhance legal support for its regional operations and for emerging risks in compliance and litigation.
ELC’s products are sold under brand names including Estée Lauder, Aramis, Clinique, Bobbi Brown Cosmetics and Aveda.
Before joining firm, Stanley was general counsel of The Thomson Reuters Corporation and its predecessor company, The Thomson Corporation, for 17 years. Her previous in-house roles include being general counsel at the GTE Corporation, a predecessor company to Verizon, followed by InterActiveCorp/USA Networks, now IAC. She began her legal career at Cravath Swaine & Moore and is a member of the board at Consolidated Edison.
Fabrizio Freda, president and CEO of ELC, says in a statement: ‘Deirdre is a highly respected leader and colleague across our organization and industry. Since joining ELC in 2019, she has made many significant contributions to the company through her business acumen, knowledge of the legal landscape and thoughtful counsel. We would like to thank her for her terrific leadership, partnership and strategic counsel as we wish her the very best in her future endeavors.’