secwatch.observer — SEC 8-K summary
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Issuer:     COTY INC. (COTY)
CIK:        0001024305
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0001193125-25-327571
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coty appoints Markus Strobel as Executive Chairman and Interim CEO; Sue Nabi departs
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024305/000119312525327571/0001193125-25-327571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024305/000119312525327571/d944080d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-327571

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