Estée Lauder Cos. Appoints PepsiCo's René Lammers as Chief Research & Innovation Officer

Estée Lauder Cos. has appointed René Lammers Ph.D. as executive vice president, chief research and innovation officer, effective Oct. 1. Lammers joins from PepsiCo, where he was executive vice president and chief science officer. He will lead the company's global R&D capabilities, focusing on delivering fast-to-market, on-trend innovation across prestige price tiers. This appointment completes Stéphane de La Faverie's executive team and is part of his strategy to boost innovation and speed.

Estee Lauder Companies (ELC) has appointed René Lammers Ph.D. as executive vice president and chief research and innovation officer, effective October 1. Lammers joins from PepsiCo, where he served as executive vice president and chief science officer. His appointment completes Stéphane de La Faverie's executive team and aligns with the company's strategy to boost innovation and speed Beauty giant Estee Lauder clears major India investment to tap rising mass-luxury demand^[1].

Lammers will oversee ELC's global R&D capabilities, focusing on delivering fast-to-market, on-trend innovation across prestige price tiers. His experience at PepsiCo will be invaluable in driving forward ELC's commitment to innovation and growth. De La Faverie highlighted the importance of this appointment, stating that it is a key component of his strategy to expand the company's footprint in emerging markets, particularly India Beauty giant Estee Lauder clears major India investment to tap rising mass-luxury demand^[1].

The appointment of Lammers comes amidst a significant investment by ELC in India to capture the rising demand from aspirational consumers and penetrate the mass market. De La Faverie noted that the ability to provide luxury products at affordable price points, combined with innovation, will be critical for ELC's success in the Indian market Beauty giant Estee Lauder clears major India investment to tap rising mass-luxury demand^[1].

In a related development, Mars, PepsiCo, and ADM have partnered to advance regenerative agriculture, demonstrating a commitment to sustainability in the food and beverage industry. This initiative aims to boost soil health, crop resilience, and sustainability, with a focus on rotational farming practices Mars, PepsiCo and ADM join forces to advance ag-tech^[2].

These moves by ELC and the collaboration among Mars, PepsiCo, and ADM underscore the industry's focus on innovation and sustainability. As ELC continues to invest in India and enhance its R&D capabilities, the company is positioning itself to capitalize on the growing demand for luxury products at affordable price points. The partnership between Mars, PepsiCo, and ADM highlights the importance of sustainable practices in the agricultural supply chain.