Estee Lauder Chairman Emeritus Leonard Lauder Dies at 92

He was the son of company founders Estee Lauder and Joseph Lauder.

Honoree Leonard Lauder accepts the Nat King Cole Award onstage during WCRF's "An Unforgettable Evening" presented by Saks Fifth Avenue at the Beverly Wilshire Four Seasons Hotel in Beverly Hills, Calif., on Feb. 16, 2017. Matt Winkelmeyer/Getty Images for WCRF

Estee Lauder said on Sunday that its chairman emeritus, Leonard Lauder, died on Saturday at the age of 92.

Lauder joined the company in 1958 and played a key role in transforming the business from a handful of products sold under a single brand in U.S. stores to a multi-brand cosmetics giant.