{"id":921694,"date":"2025-12-22T02:03:04","date_gmt":"2025-12-22T07:03:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/coty-appoints-markus-strobel-executive-chairman-and-interim-ceo\/"},"modified":"2025-12-22T02:03:04","modified_gmt":"2025-12-22T07:03:04","slug":"coty-appoints-markus-strobel-executive-chairman-and-interim-ceo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/coty-appoints-markus-strobel-executive-chairman-and-interim-ceo\/","title":{"rendered":"Coty Appoints Markus Strobel Executive Chairman and Interim CEO"},"content":{"rendered":"

<\/p>\n

Coty Appoints Markus Strobel Executive Chairman and Interim CEO<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nRegulatory News:<\/p>\n

\nCoty Inc. (NYSE: COTY) (Paris: COTY) (\u201cCoty\u201d or \u201cthe Company\u201d) today announced that Markus Strobel will become Executive Chairman of the Board and Interim Chief Executive Officer, effective January 1, 2026.<\/p>\n

\nStrobel joins Coty after a distinguished 33-year career at Procter & Gamble, where he most recently served as President of P&G\u2019s Global Skin & Personal Care business that included a multi-billion-dollar portfolio of more than 12 global brands. He is widely recognized for driving category and organizational transformation across P&G Beauty and for revitalizing SK-II into a leading prestige skincare brand in Asia. During his tenure, Strobel held senior roles across Beauty & Grooming spanning fine fragrance, hair care, and grooming. This included leading prestige brands like Gucci, Dolce & Gabbana, Valentino and Hugo Boss as part of his fragrance assignment. He spearheaded modernization of innovation, product supply, marketing and go-to-market strategies, and operating capabilities across North America, Greater China, Japan, Korea and Europe for his businesses.<\/p>\n

\nAs Executive Chairman and Interim CEO, Strobel will lead Coty at a pivotal moment for the Company. With a strategic review of the Consumer Beauty business underway, and the full support of the Board, Strobel sees significant opportunity to reinforce Coty\u2019s leadership in beauty and unlock multiple avenues for profitable growth and expansion.<\/p>\n

\nStrobel commented, \u201cI am delighted to join Coty at this important juncture. Building on Coty\u2019s strong foundations, I see tremendous potential to accelerate growth, strengthen our position in prestige and mass beauty, and deliver sustainable value for shareholders, partners, and consumers worldwide.\u201d<\/p>\n

\nStrobel succeeds Peter Harf, who will retire from Coty\u2019s Board after more than three decades of service, and Sue Nabi, who will step down as Chief Executive Officer following a five-year tenure. Harf\u2019s leadership helped shape Coty into a global beauty leader, while Nabi oversaw the launch of several blockbuster fragrances, including Burberry Goddess, and materially reduced Coty\u2019s financial net leverage to ~3x. Both leave Coty with a strong foundation for future profitable growth.<\/p>\n

\nAbout Coty Inc.<\/p>\n

\nFounded in Paris in 1904, Coty is one of the world\u2019s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care. Coty serves consumers around the world, selling prestige and mass market products in over 120 countries and territories. Coty and our brands empower people to express themselves freely, creating their own visions of beauty; and we are committed to protecting the planet.<\/p>\n

\nLearn more at coty.com or on LinkedIn and Instagram.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251221766663\/en\/<\/a><\/span><\/p>\n

Investor Relations
\n<\/b>
Olga Levinzon, +1 212 389-7733
\n<\/b>
olga_levinzon@cotyinc.com<\/b><\/a><\/p>\n

Media
\n<\/b>
Antonia Werther, +31 621 394495
\n<\/b>
antonia_werther@cotyinc.com<\/b><\/a><\/p>\n

KEYWORDS:<\/b> Europe United States North America France New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Luxury Cosmetics Retail Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Coty Appoints Markus Strobel Executive Chairman and Interim CEO NEW YORK–(BUSINESS WIRE)– Regulatory News: Coty Inc. (NYSE: COTY) (Paris: COTY) (\u201cCoty\u201d or \u201cthe Company\u201d) today announced that Markus Strobel will become Executive Chairman of the Board and Interim Chief Executive Officer, effective January 1, 2026. Strobel joins Coty after a distinguished 33-year career at Procter & Gamble, where he most recently served as President of P&G\u2019s Global Skin & Personal Care business that included a multi-billion-dollar portfolio of more than 12 global brands. He is widely recognized for driving category and organizational transformation across P&G Beauty and for revitalizing SK-II into a leading prestige skincare brand in Asia. During his tenure, Strobel held senior roles across Beauty & Grooming spanning … <\/p>\n

Continue reading “Coty Appoints Markus Strobel Executive Chairman and Interim CEO”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-921694","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCoty Appoints Markus Strobel Executive Chairman and Interim CEO - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/coty-appoints-markus-strobel-executive-chairman-and-interim-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coty Appoints Markus Strobel Executive Chairman and Interim CEO - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Coty Appoints Markus Strobel Executive Chairman and Interim CEO NEW YORK–(BUSINESS WIRE)– Regulatory News: Coty Inc. (NYSE: COTY) (Paris: COTY) (\u201cCoty\u201d or \u201cthe Company\u201d) today announced that Markus Strobel will become Executive Chairman of the Board and Interim Chief Executive Officer, effective January 1, 2026. Strobel joins Coty after a distinguished 33-year career at Procter & Gamble, where he most recently served as President of P&G\u2019s Global Skin & Personal Care business that included a multi-billion-dollar portfolio of more than 12 global brands. He is widely recognized for driving category and organizational transformation across P&G Beauty and for revitalizing SK-II into a leading prestige skincare brand in Asia. 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