Coty appoints Soraya Benchikh as CFO effective Sept 1, succeeding Laurent Mercier

COTY INC.

Benchikh becomes CFO Sept 1, 2026; Mercier departs amicably after 5 years at Coty.
New CFO comp: €1.165M salary, 150% target bonus, $2.5M RSUs, 1.5M options, €860k sign-on bonus.
Interim CEO Markus Strobel: base salary raised to $1.6M (from $1.25M), target bonus 170%, annual equity $3M.
Chief Legal Officer Kristin Blazewicz awarded $1.275M retention bonus payable July 2027 and July 2028.
Benchikh previously CFO at British American Tobacco; also held roles at Diageo, GE, and Gillette.

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