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Billionaire Nelson Peltz exploring a possible shakeup of Estée Lauder: sources

Por: New York Post Business May 07, 2023

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Billionaire Nelson Peltz is exploring a possible shakeup at Estée Lauder that could include ousting the longtime CEO of the cosmetics giant — and possibly pushing for a turnaround and eventual sale of the company, The Post has learned. It couldn’t immediately be learned whether Peltz — an activist investor who recently prodded Walt Disney Co. to slash costs, prompting 7,000 job cuts under CEO Bob Iger — has acquired shares in Estée... + full article



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