New chief executive at Coty; shares +4.5%

Feb. 28, 2020 5:05 AM ETCoty Inc. (COTY)By: Yoel Minkoff, SA News Editor16 Comments
  • By summer 2020, upon conclusion of the strategic review that is underway, Pierre Denis will succeed Pierre Laubies as CEO of Coty (NYSE:COTY).
  • Denis is currently the CEO of Jimmy Choo Group Ltd., a position he has held since July 2012.
  • Current Coty CFO Pierre-André Térisse will become COO while retaining in full his CFO role and responsibilities.
  • Additionally, the Coty board has elected Isabelle Parize and Justine Tan as non-executive directors, effective February 27, 2020.
  • COTY +4.5% premarket

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