Coty Inc. announced the appointment of Markus Strobel as Executive Chairman of the Board and Interim CEO, effective January 1, 2026.
Markus Strobel brings 33 years of experience from Procter & Gamble, where he led significant transformation in the beauty industry.
Strobel aims to reinforce Coty's position in beauty, drive growth, and deliver value to stakeholders worldwide.
New Leadership
Markus Strobel appointed as Executive Chairman and Interim CEO, succeeding Peter Harf and Sue Nabi.
Pivotal Moment
Strategic review of Consumer Beauty business underway, hinting at significant growth opportunities.
Strong Foundations
Strobel plans to accelerate growth, strengthen Coty's prestige position, and create value for shareholders and consumers.
- Markus Strobel's appointment signals a new chapter for Coty with a focus on growth and innovation in the beauty sector.
- The strategic review of the Consumer Beauty business signifies Coty's commitment to enhancing its market presence and profitability.
The appointment of Markus Strobel as Executive Chairman and Interim CEO marks a pivotal moment for Coty, poised for strategic growth and value creation in the beauty industry.