Leonard Lauder, Estee Lauder chairman emeritus, dies at 92

Leonard Lauder, chairman emeritus of Estee Lauder, died on Saturday at the age of 92, the company said Sunday.

Lauder joined the company in 1958 and played a key role in transforming the business from a handful of products sold under a single brand in U.S. stores to a multi-brand cosmetics giant.

He was the son of company founders Estee Lauder and Joseph Lauder.

He served many roles at Estee Lauder over six decades and led the launch of many brands including Aramis, Clinique and Lab Series, the company said. 

Reuters