The Estée Lauder Cos.’ Fabrizio Freda returned to the highest of WWD Beauty Inc.’s listing of the highest-paid beauty executives in 2022, despite his 61.4 percent drop in pay for the corporate’s fiscal 12 months ended June. He was not alone — nine of the opposite leading executives on the list also saw a cut in pay, with Coty’s Sue Nabi dropping from highest earner in 2021, attributable to the stock-based compensation involved in her sign-on package, to number 18 in 2022. The drop in Freda’s paycheck was also linked to a discount in stock-based compensation.
WWD
The most important pay rises, meanwhile, were seen by Marico’s Saugata Gupta and Compagnie Financière Richemont’s Jérôme Lambert, followed by Dabur’s Mohit Malhotra, Axel Dumas...
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