The Estée Lauder Companies Inc. announced the appointment of Dave Smith as Senior Vice President, New Business Development (NBD). Dave will report to Andrew Ross, Executive Vice President, Strategy, New Business Development and Integration. NBD was previously overseen by Shana Randhava, who was recently tapped to take on an expanded role leading New Incubation Ventures, an exciting new capability for ELC. Shana will continue to report directly to Andrew in her new leadership role.