In People

Coty’s President of Luxury Brands to step down

Coty

Coty Inc., one of the world’s leading beauty companies and the global leader in fragrances, announced that Simona Cattaneo is to step down from her role as President, Luxury Brands, after five years at Coty.

SEE ALSO : Coty announces financial results

Cattaneo will remain with the company until Summer 2021. Her successor will be announced in due course.

Commenting on the announcement, Sue Y. Nabi, Coty’s CEO said, “I want to sincerely thank Simona for her leadership, commitment and passion over the last five years. She played a key role in building our prestige brands portfolio – expanding our presence in the make-up space, and strengthening our relationships with Coty’s licensors, as well as successfully integrating Kim and Kylie’s beauty businesses into our portfolio. Simona has helped lay the foundations for Coty’s long-term success and we wish her the very best in the next chapter of her career.”

SEE ALSO : Tailored Brands appoints new leadership roles

Simona Cattaneo, said, “Having joined Coty in 2016 as Chief Marketing Officer, it has been a fantastic experience to work with so many inspirational people as I have progressed through the organization. Coty is fortunate to have passionate and dedicated staff throughout business and strong relationships with our licensors. As I move on from Coty to pursue other interests, I’m delighted to see the business positioned for future success.”

Follow Retail in Asia on Facebook, Twitter and LinkedIn.

Get our top stories delivered to your inbox:

 

Stay ahead
Subscribe for free!
Register now
Stay ahead