Management ChangeJul 2, 2026, 04:42 PM
Coty Restructures Leadership, Multiple Executives Depart
AI Summary
Coty Inc. announced significant organizational changes and leadership transitions as part of its Coty.Curated strategy. Priya Srinivasan, Chief People and Purpose Officer, resigned, effective August 31, 2026. Additionally, Caroline Andreotti, Chief Commercial Officer Prestige, and Dr. Shimei Fan, Chief Scientific and Sustainability Officer, will also depart. These changes include Executive Chairman Markus Strobel taking direct control of Prestige commercial operations and the integration of Prestige R&D and sustainability with the supply chain. Séverine Charbon will join as the new Chief People and Purpose Officer effective September 1.
Key Highlights
- Priya Srinivasan, Chief People and Purpose Officer, resigned effective August 31, 2026.
- Caroline Andreotti, Chief Commercial Officer Prestige, will leave at the end of September.
- Dr. Shimei Fan, Chief Scientific and Sustainability Officer, will leave at the end of August.
- Séverine Charbon will join as the new Chief People and Purpose Officer on September 1.
- Executive Chairman Markus Strobel will take direct control of Prestige commercial operations.
- Prestige R&D and sustainability will integrate with supply chain under Graeme Carter.
- Organizational changes aim to sharpen leadership structure and operating model.
Price Impact
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