Estée Lauder adds Arturo Nuñez to its Board of Directors and Audit Committee

– USA, NY –  The Estée Lauder Companies Inc. (NYSE: EL) today announced the election of Arturo Nuñez to its Board of Directors, effective as of April 25, 2022.

He will also join the Audit Committee.

“We welcome Arturo Nuñez and are excited that he is joining our Board of Directors,” said William P. Lauder, Executive Chairman. “Arturo has an impressive global business background that includes consumer-oriented experience from his current role at Nubank and his previous positions at Apple, Nike, and the NBA. We expect that our Board will benefit from Arturo’s valuable perspectives on creative marketing, modern retail, innovative technology, and consumer branding, including connecting with diverse consumers.”

About Arturo Nuñez

Mr. Nuñez is the CMO of Nu Holdings Ltd., which is a digital banking platform headquartered in Brazil that serves customers across Brazil, Mexico, and Colombia.

Arturo Nuñez has been CMO of Nubank since June 2021. Before joining Nubank, he founded AIE Creative, a branding, and marketing firm, and from 2014 to 2018, he was the Head of Marketing, Latin America, for Apple Inc. From 2007 to 2014, Mr. Nunez held various marketing positions at NIKE, Inc., including Global VP, Basketball Marketing, and from 1999 to 2007, he held various positions at the National Basketball Association including VP, MD, NBA Latin America and U.S. Hispanic.

Mr. Nuñez graduated from Florida A&M University.

About The Estée Lauder Companies Inc.

Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skincare, makeup, fragrance, and hair care products. The company’s products are sold in approximately 150 countries and territories under brand names including Estée Lauder, Aramis, Clinique, Lab Series, Origins, Tommy Hilfiger, M·A·C, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin Paris, TOM FORD BEAUTY, Smashbox, Ermenegildo Zegna, AERIN, 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.

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