Jane Lauder Announces Next Big Move After Stepping Down From the Estée Lauder Cos.

Core Insights - Jane Lauder has launched TAW Ventures, an investment firm focused on pet health and wellness, following her departure from Estée Lauder Cos. [1][2] - The firm aims to invest in brands that innovate in animal care, driven by Lauder's personal experiences with her dog, Thaddeus [3][5]. - TAW Ventures will maintain high safety and efficacy standards learned from Lauder's tenure in the beauty industry [4]. Company Developments - Lauder's resignation from Estée Lauder was part of a broader company turnaround strategy aimed at restoring its leadership in prestige beauty [6][7]. - Despite stepping down, Lauder remains a board member and active shareholder of Estée Lauder [7]. Industry Context - The pet care industry is experiencing growth, with increasing interest in health and wellness products for animals, which aligns with TAW Ventures' mission [5]. - Lauder's venture reflects a trend of investment in purpose-driven companies that focus on sustainability and impactful research in the pet care sector [5].