Estee Lauder 2005 Annual Report Download - page 12

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11
GREAT COMPANIES DEPEND ON GREAT PEOPLE
My vision for our Company is firmly focused on the future while remaining respectful of the past. We will achieve these
ambitions by working together.
First, I want to thank my colleagues around the world, especially those who stand behind the counter and serve consumers
directly. They are carrying the legacy of “Bringing the Best to Everyone We Touch” that has been our Company’s hallmark.
All one needs to do is work one day in their shoes to know how crucial they are to our success.
I also want to thank the leaders within our Company: our Chief Operating Officer, Group Presidents, Brand Presidents,
General Managers, Operations leaders and Group Heads who pulled together throughout the year. From within our
leadership ranks, we named Dan Brestle Chief Operating Officer in January of this year. Dan is a 27-year veteran with
extensive accomplishments in both branding and operations. His talents are an enormous asset in our executive suite.
I want to thank our Board of Directors for their guidance and commitment to our Company. This year, we strengthened our
B
oard with two additional Directors: Mellody Hobson, President of Ariel Capital Management,and Aerin Lauder, Senior Vice
President, Global Creative Directions, Estée Lauder. I want to express my appreciation to our Chairman, Leonard Lauder.
And finally, the entire Estée Lauder Companies joins me in thanking you, our stockholder, for your continued support of
our fine Company.
Sincerely,
William P. Lauder
President
Chief Executive Officer
OUR BRANDS ARE ONE OF OUR MOST
IMPORTANT ASSETS, AND BRAND BUILDING
IS OUR CORE STRENGTH.