Sub Category

2025-05-06 17:44:33

ELC’s EVP of Global Innovation and R&D to Depart

2025-05-06 17:44:33

 

 

Estée Lauder Companies Inc. announced that Carl Haney, Executive Vice President, Global Innovation and Research & Development (R&D), will depart the company effective June 30, 2025, to pursue new opportunities. A successor has yet to be named. 

 

With this transition, the company intends to bring in new external talent to drive the next era of transformative innovation in line with its strategic vision of becoming the world’s best, most consumer-centric, prestige beauty company.

Stéphane de La Faverie, President and Chief Executive Officer, The Estée Lauder Companies, said,

“Over the past decade, Carl has forged impactful partnerships at the forefront of scientific innovation and delivered breakthrough products and superior formulations across categories, benefits, and occasions, while fueling corporate innovation and advanced technologies.”

Haney joined ELC in 2012 following an over 25-year R&D career at The Procter & Gamble Company.

Throughout his tenure at ELC, Haney and his team have advanced end-to-end product and corporate innovation by strengthening the company’s global R&D network, enhancing scientific credentialing, expanding local relevancy, building upstream active ingredient and fermentation platforms, and significantly increasing the company’s global patent portfolio. 

Under his leadership, the company accelerated sustainability efforts through sustainable packaging and green chemistry advancements. 

Haney has helped to establish partnerships in biotech innovation, longevity, active derma, and other critical areas with internal and external collaborators to significantly increase the company’s patent holdings and speed to market. 

La Faverie, added, 

“As we look to the future and delivering our bold Beauty Reimagined vision, we will transform our approach to innovation across the company—which includes evolving the structure of our R&D team, expanding our external partnerships, strengthening product and commercial innovation and accelerating speed-to-market.”

Previously, Haney also played a critical role as Chair of ELC’s Global Crisis Leadership Team, overseeing planning and response for emerging issues, current issues, and crises globally.

During this transition, Haney and the R&D team will prioritize business continuity and enabling transformative innovation. Brand and regional leadership will collaborate with their R&D partners across the company’s robust innovation network until a successor is named.


LinkedIn