Travis To Retire from The Estée Lauder Companies as Executive Vice President and CFO

Tracey T. Travis, executive vice president and chief financial officer of The Estée Lauder Companies, will retire, effective June 30, 2025. A successor for the CFO role has been identified and will be named in the coming weeks, according to ELC. Travis will work closely with this person to ensure a smooth and successful transition.

“Tracey has been an invaluable business partner and a trusted advisor to me, our executives and the board of directors, as well as a mentor and role model to many across our organization,” said President and CEO Fabrizio Freda. “She has built and led a robust, integrated global finance & strategy organization that has served as a valued business partner across the company and has helped to optimize delivery of our financial plans. Her financial acumen, discipline and operational excellence have been essential to our company’s growth, and so many areas of our organization have her valuable imprint on them.”

Since joining ELC, Travis has led the company’s global finance, accounting, tax, treasury, investor relations, information technology and strategy, and new business development organizations. She also co-led the company’s Global Value Council and was a member of the Executive Leadership Team and the Investment Development Committee.

An Inspiring, Visionary Leader

Under her guidance, ELC enhanced its financial strength and flexibility, enabling the company to further invest in long-term growth drivers, such as innovation, digital transformation, emerging markets, talent development and M&A strategy. Additionally, Travis played a pivotal role in leading and advancing the financial profile of ELC’s global brand portfolio.

“An inspiring and visionary leader, Tracey has been deeply committed to exemplifying our values throughout her years of dedicated service to our company,” said William P. Lauder, executive chairman. “Tracey has had a remarkable impact on driving our business forward by leading our portfolio strategy, but also by developing our talent, cultivating a culture of inclusion and continued learning, and advancing initiatives to foster a more diverse and equitable workplace and marketplace.”

During the past 12 years, Travis built a robust, integrated Global Finance & Strategy (F&S) organization at ELC that serves as a valued business partner across the company, focusing on cultivating talent to bring new perspectives to the finance function. Under her leadership, F&S provides financial guidance throughout the enterprise while maximizing business and transformational opportunities, optimizing the capital structure, and supporting brand growth strategies and cash management. Travis leaves the F&S function a transformed organization, according to ELC.

Travis has been honored with numerous industry awards and accolades throughout her distinguished career. She received a Best CFO award from Institutional Investor magazine, was recognized as one of the “Top 100 African Americans in Corporate America” and “The Most Powerful Women in Corporate America” by Black Enterprise magazine. In 2019, she was honored with an Achiever Award by Cosmetic Executive Women. Travis currently serves as a director on the board of Accenture PLC and the board of Meta Platforms Inc. (formerly, Facebook).