secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001024305-23-000083
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coty approves new compensation for CFO, Chief Corp Affairs, and Chief Legal Officer
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- CFO Mercier: unchanged base salary EUR 825k, bonus target 70%, annual equity grant of $2.2M in RSUs/PSUs.
- Chief Corp Affairs von Bayern: salary increased to EUR 800k (from EUR 750k), bonus target 70%, equity grant $1.2M.
- Chief Legal Blazewicz: salary increased to $800k (from $750k), bonus target 70%, equity grant $1.7M.
- Approved by Remuneration & Nomination Committee on September 28, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000102430523000083/0001024305-23-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000102430523000083/coty-20230928.htm
  HTML page:      https://secwatch.observer/filing/0001024305-23-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer