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Leadership shake-up as Coty (NYSE: COTY) streamlines operating model

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Coty Inc. announced a leadership reshaping and operating model changes tied to its Coty.Curated strategy. Executive Chairman and interim CEO Markus Strobel will directly oversee Prestige commercial operations, with regional leaders now reporting to him. Prestige R&D and sustainability will be integrated with supply chain under the interim leadership of Chief Supply Chain Officer Graeme Carter, creating a single function for innovation, sustainability and delivery.

Several senior executives are departing: Chief Commercial Officer Prestige Caroline Andreotti will leave at the end of September, and Chief Scientific and Sustainability Officer Dr. Shimei Fan will leave at the end of August. Chief People and Purpose Officer Priya Srinivasan has resigned effective August 31, 2026 for personal reasons. Coty has appointed Séverine Charbon as the new Chief People and Purpose Officer effective September 1, bringing more than 25 years of international experience in talent strategy and organizational transformation.

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Insights

Coty centralizes prestige leadership and refreshes key executive roles.

Coty is tightening control of its Prestige business by having Executive Chairman and interim CEO Markus Strobel directly oversee commercial operations, with regional leaders reporting to him. Integrating Prestige R&D, sustainability, and supply chain under interim leader Graeme Carter creates a single end‑to‑end function for innovation and execution behind core brands.

The filing also discloses notable leadership turnover. Senior figures Caroline Andreotti and Dr. Shimei Fan are leaving, alongside Chief People and Purpose Officer Priya Srinivasan. These changes occur as Coty pursues its Coty.Curated strategy, so execution will depend on maintaining continuity with customers, innovation pipelines, and ESG priorities.

Incoming Chief People and Purpose Officer Séverine Charbon, effective September 1, brings over 25 years of international talent and transformation experience. How quickly the new structure embeds and how seamlessly responsibilities transition will be important context in future company communications and updates.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Priya Srinivasan resignation effective date August 31, 2026 Effective date for Chief People and Purpose Officer departure
Start date for new Chief People and Purpose Officer September 1 Date Séverine Charbon becomes Chief People and Purpose Officer
Experience of Séverine Charbon more than 25 years International experience in talent strategy and organizational transformation
Year Coty was founded 1904 Company founding in Paris
Global reach over 120 countries and territories Markets where Coty sells prestige and mass‑market products
Coty.Curated financial
"announced a set of organizational changes that advance its Coty.Curated strategy"
Chief People and Purpose Officer financial
"Priya Srinivasan, Chief People and Purpose Officer of Coty Inc."
Chief Scientific and Sustainability Officer financial
"Dr. Shimei Fan, Chief Scientific and Sustainability Officer, will leave Coty"
ESG ratings upgrades financial
"oversaw significant progress including multiple ESG ratings upgrades"
science-based carbon reduction targets financial
"the first approval of Coty’s science-based carbon reduction targets by the SBTi"
SBTi financial
"approval of Coty’s science-based carbon reduction targets by the SBTi"
An independent initiative that reviews and approves corporate plans to cut greenhouse gas emissions so they align with science-based limits on global warming. For investors, an SBTi-approved target is like a certified roadmap: it signals a company is measuring its climate risks, setting credible reduction goals, and may be better positioned to avoid future regulatory, physical, or reputational costs tied to climate change.
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Learn about SEC filing dates
FALSE000102430500010243052026-06-302026-06-30

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 30, 2026
Coty Inc.

(Exact Name of Registrant as Specified in its Charter)
Delaware001-3596413-3823358
(State or other Jurisdiction
of Incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
350 Fifth Avenue
New York,
NY
10118
(Address of Principal Executive Offices)(Zip Code)

Registrant’s telephone number, including area code: (212) 389-7300

(Former name or former address, if changed from last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each classTrading symbol(s)Name of each exchange on which registered
Class A Common Stock, $0.01 par valueCOTYNew York Stock Exchange


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company    

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o




Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 30, 2026, Priya Srinivasan, Chief People and Purpose Officer of Coty Inc. (NYSE: COTY) (the “Company”) notified the Company of her resignation from her position with the Company, effective as of August 31, 2026. Ms. Srinivasan’s resignation is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices.

A copy of the press release announcing this change is attached to this Current Report on Form 8-K as Exhibit 99.1. A copy of the press release is also available on its website at www.investors.coty.com, under the “Investor News” tab.

Item 9.01 Financial Statements and Exhibits

(d)Exhibits:
Exhibit No.
Description
99.1
Press Release dated July 2, 2026.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).





SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Coty Inc.
(Registrant)
Date: July 2, 2026
By:
/s/ Kristin Blazewicz
Kristin Blazewicz
Chief Legal Officer, General Counsel and Secretary



Exhibit 991.1

Coty Sharpens Leadership Structure and Operating Model Under Coty.Curated
New York, July 2, 2026— Today, Coty Inc. (NYSE: COTY) (Paris: COTY) announced a set of organizational changes that advance its Coty.Curated strategy by bringing commercial decision-making closer to the center and enabling the company to move faster.
Executive Chairman and interim CEO Markus Strobel will take direct control of Prestige commercial operations, with Coty’s regional leaders reporting to him. The change brings leadership closer to the markets, speeds up decision-making, and sharpens accountability for sell-out and market share.
As part of these changes, Coty will integrate Prestige R&D and sustainability with supply chain into one simplified function under the interim leadership of Graeme Carter, Chief Supply Chain Officer. Bringing prestige innovation, sustainability, and supply chain together under one leader streamlines how the company develops and delivers behind its core businesses. Gordon von Bretten, President of Consumer Beauty, will continue to drive an already integrated model in Consumer Beauty.
Caroline Andreotti, Chief Commercial Officer Prestige, will leave Coty at the end of September after three years in the role and almost two decades with the company. She shaped Coty’s global commercial strategy, its relationships with key customers and partners, and its leadership in prestige.
Dr. Shimei Fan, Chief Scientific and Sustainability Officer, will leave Coty at the end of August. She led the company’s R&D organization and sustainability agenda, helped launch key innovations, and oversaw significant progress including multiple ESG ratings upgrades and the first approval of Coty’s science-based carbon reduction targets by the SBTi.
Markus Strobel, Executive Chairman and interim CEO, said: “Coty.Curated is about clarity and focus, and a simpler operating model helps us deliver on that. It positions us to keep building behind our core brands and to support our teams as the business moves forward. I want to thank Caroline and Shimei for their leadership and their many years of contribution to Coty, and wish them every success for their future endeavors.”
People and Purpose leadership transition
Priya Srinivasan, Chief People and Purpose Officer, has decided to step down for personal reasons and will leave Coty in August. She led the global people function, including leadership development and engagement, and played an important role in advancing Coty’s talent agenda.
Séverine Charbon will join Coty as Chief People and Purpose Officer effective September 1. She brings more than 25 years of international experience in talent strategy and organizational transformation, most recently as Chief Talent Officer International at Publicis Groupe.
Strobel added: “Priya has been a thoughtful and trusted leader, and a real champion of our people and culture. She has strengthened how we develop talent, deepened employee engagement, and helped make Coty a place where people can do their best work. We are grateful for everything she has given to Coty and wish her the very best in the future. We now look forward to Séverine joining Coty at this important time and continuing to build on the strong foundations in place.”

ABOUT COTY INC.



Founded in Paris in 1904, Coty is one of the world’s largest beauty companies, with a portfolio of beloved 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. Together with its brands, Coty empowers people to express the beauty of their individuality – and is committed to transforming the beauty industry to become more sustainable and inclusive through its Beauty That Lasts strategy.
Learn more at coty.com or follow us on LinkedIn and Instagram.
Investor Relations
Olga Levinzon, +1 (212) 389-7733 olga_levinzon@cotyinc.com

Media
Antonia Werther, +31 621 394495 antonia_werther@cotyinc.com

Filing Exhibits & Attachments

4 documents