What is the story about?
What's Happening?
René Lammers has been appointed as the Chief Research & Innovation Officer at Estée Lauder, effective October 1. Lammers, who previously served as Chief Science Officer at PepsiCo, will report directly to CEO Stéphane de La Faverie. His role will involve leading global R&D capabilities, including product and clinical innovation, scientific affairs, and regulatory strategy. Lammers' appointment is part of de La Faverie's strategy to enhance the company's research and innovation efforts, aligning with consumer-centric approaches and delivering fast-to-market, on-trend products. This move completes the executive team at Estée Lauder, which aims to drive growth and transformation in the beauty industry.
Why It's Important?
René Lammers' appointment is crucial for Estée Lauder as it seeks to strengthen its research and innovation capabilities. His expertise in scientific research and product development is expected to accelerate the company's ability to deliver innovative beauty products. This strategic move aligns with Estée Lauder's vision of 'Beauty Reimagined,' focusing on consumer-centric innovation across prestige price tiers. By enhancing its R&D capabilities, Estée Lauder aims to address previous challenges related to product innovation and maintain its competitive edge in the beauty industry.
What's Next?
Lammers will oversee Estée Lauder's R&D and Innovation Centers worldwide, focusing on delivering fast-to-market innovations. His leadership is expected to drive the development of breakthrough products and on-trend innovations, potentially leading to increased market share and consumer engagement. The company may also explore new technologies and scientific advancements to further enhance its product offerings.
AI Generated Content
Do you find this article useful?
