Jane Lauder is stepping down from Estée Lauder, which her grandmother founded in 1946.
Bryan Bedder/Getty Images for Fragrance Foundation
- Jane Lauder, beauty magnate Estée Lauder's granddaughter, is leaving the family-run company.
- Her departure comes after Estée Lauder announced its CEO, Fabrizio Freda, is stepping down.
- Lauder is no longer in the race to succeed Freda, but will remain on the board of directors.
Jane Lauder, whose grandmother founded Estée Lauder...