The Estée Lauder Companies Inc. (NYSE: EL) announced today that Tracey T. Travis, Executive Vice President and Chief Financial Officer, has decided to retire effective June 30, 2025, after over twelve years of exemplary leadership and service with the company. A successor for the CFO role has been identified and will be appointed in the coming weeks. Tracey will work closely with this individual to ensure a smooth and successful transition.
“Tracey has been an invaluable business partner and trusted advisor to me, our executives, and the Board of Directors, as well as a mentor and role model to many within our organization,” said Fabrizio Freda, President and Chief Executive Officer. “She has established and led a strong, integrated Global Finance and Strategy organization that has been a valuable business partner across the company, helping to optimize the delivery of our financial plans. Her financial acumen, discipline, and operational excellence have been instrumental in our company’s growth, leaving a lasting impact across many areas of our organization.”
Since joining The Estée Lauder Companies (ELC), Tracey has overseen Global Finance, Accounting, Taxes, Treasury, Investor Relations, Information Technology, and Strategy and New Business Development for the company. She also co-led the company’s Global Value Council and served as a member of the Executive Leadership Team and Investment Development Committee. Tracey has been a respected and engaging leader in her extensive work with our global investor community.
Under her guidance, the company has strengthened its financial position and flexibility, enabling increased investment in long-term growth engines such as innovation, digital transformation, emerging markets, talent development, and mergers and acquisitions strategies. Additionally, Tracey played a pivotal role in leading and advancing the financial profile of our global brand portfolio.
Over the past twelve years, Tracey has built a solid and integrated Global Finance and Strategy organization at ELC that serves as a value-added business partner across the company, particularly focusing on cultivating talent across the organization to bring new perspectives to the finance function. Under her leadership, Finance and Strategy provided financial guidance across the company, maximizing business opportunities and transformation, optimizing capital structure, and supporting brand growth strategies and cash management. Tracey leaves the Finance and Strategy function as a transformed organization.
Working closely with senior leadership at ELC, Tracey deeply embedded the company’s corporate strategy throughout the organization, consolidating key planning processes with a focus on execution excellence. Collaborating with senior leadership, Tracey and her team implemented and drove an end-to-end progressive mergers and acquisitions strategy, as well as value-oriented empowerment and integration, including many significant strategic acquisitions and investments such as DECIEM and TOM FORD. Tracey also led the New Ventures Incubation (NVI) team to enable the pursuit, development, and growth of future brands and business models.
Tracey has played a crucial role in strengthening talent development and engagement by developing and expanding ELC’s Finance and Strategy Leadership Development Program (FASLEAP) and guiding the function’s approach to identifying, training, and placing top talent. She also served as a committed Global Executive Sponsor of the Women’s Leadership Network (WLN) Employee Resource Group (ERG), where she helped promote a culture of recognizing women as trailblazers in the beauty industry and highlighting their creativity and ingenuity in shaping trends and redefining standards. She has been a passionate advocate for the company’s efforts in philanthropy, citizenship, and sustainability, as well as inclusion, diversity, and equity, including advocating for initiatives to promote racial equity and representation within the company and the beauty industry.
“As 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 made a remarkable impact in driving our business forward, leading our portfolio strategy, but also developing our talent, fostering a culture of inclusion and continuous learning, and advancing initiatives to foster a more diverse and equitable workplace and marketplace.”
Tracey has been honored with numerous industry awards and distinctions throughout her distinguished career. She received the Institutional Investor’s Best CFO award, recognized as one of the “100 Most Powerful African Americans in Corporate America,” as well as “The Most Powerful Women in Corporate America” by Black Enterprise magazine. In 2019, she was honored with the Achiever Award from Cosmetic Executive Women. Tracey currently serves as a Director on the Board of Accenture PLC and Meta Platforms Inc. (formerly Facebook).
ABOUT THE ESTÉE LAUDER COMPANIES
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skincare, makeup, fragrance, and hair care products, managing a portfolio of luxury and prestige brands globally. The company’s products are sold in approximately 150 countries and territories under brands such as Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.
