The Wharton School of the University of Pennsylvania has announced a $4 million gift from alumnus and trustee William P. Lauder ('83) to endow a leadership fellows program.
The gift will establish the William P. Lauder Wharton Leadership Fellows Program as part of the broader Wharton Leadership Fellows Program. A community of second-year MBA students who mentor, coach, and support first-year students, Lauder Fellows will receive intensive leadership development opportunities focused on enhancing their own abilities before transitioning to hands-on experience building skills in others. Through the fifteen-month program, fellows will play a critical role in strengthening team dynamics, providing feedback, addressing conflict, and coaching individual growth and development.
The son of Leonard and Evelyn Lauder and grandson of Estée and Joseph Lauder, William Lauder serves on the University of Pennsylvania Board of Trustees, the Lauder Institute Board of Governors, and the Wharton Leadership Advisory Board, and is a lecturer in the Wharton School. He has served as executive chair and chair of the Estée Lauder Companies since 2009 and also serves as board chair of the Fresh Air Fund and co-chair of the Breast Cancer Research Foundation.
"William Lauder's contributions to the Penn community extend far beyond his generous financial support," said University of Pennsylvania president Amy Gutmann. "William is an active presence on campus, sharing his time and insight with our students enrolled in his popular MBA course and providing exceptional advice and guidance to university leadership as a member of the Penn board of trustees. [His] investment in the Wharton community is a deeply personal one, and he has been an extraordinary asset to our students over the years as a teacher, mentor, and role model. I look forward to watching the William P. Lauder Wharton Leadership Fellows Program flourish under his stewardship."