secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2026-08-20T21:15:21+00:00
Accession:  0001024305-26-000050
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000102430526000050/0001024305-26-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000102430526000050/coty-20260816.htm
  HTML page:      https://secwatch.observer/filing/0001024305-26-000050

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