"One year ago, we came together for some of the most pivotal discussions in our company's history regarding race," Chairman William Lauder and Chief Executive Officer Fabrizio Freda said in the memo to employees Tuesday morning. "

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"A group of employees sent a letter to Chairman William Lauder calling for the ouster of board member and family heir Ronald Lauder over his support of former President Donald Trump and said their employer wasn't doing enough for Black workers. "

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"In response, William Lauder and Chief Executive Officer Fabrizio Freda outlined a list of steps management would take to diversify the workforce, including boosting Black hiring and requiring diverse slates of candidates for executive positions."

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"Members of the Vatican's council include BP Plc Chief Executive Officer Bernard Looney, William Lauder of Estee Lauder Cos., Visa Inc. CEO Alfred Kelly, Fiona Ma, the treasurer for the state of California, and Mark Carney, the former governor of the Bank of England. "

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