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