leadership
confidence high
sentiment neutral
materiality 0.75
Coty appoints Markus Strobel as Executive Chairman and Interim CEO; Sue Nabi departs
COTY INC.
- Strobel appointed Executive Chairman & Interim CEO effective Jan 1, 2026; base salary $1.25M, $940k sign-on bonus, RSUs worth $3M, 6M stock options.
- CEO Sue Nabi departs Dec 31, 2025; receives $1.74M lump sum, accelerated vesting of 2.08M RSUs; other unvested equity forfeited.
- Chairman Peter Harf resigns Dec 31, 2025; no disagreement with the Company.
- Patricia Capel joins Board and Remuneration & Nomination Committee effective Jan 1, 2026.
- Company announces strategic review of its Consumer Beauty business.