Coty has announced a sweeping leadership overhaul as part of its Coty.Curated strategy, consolidating functions to accelerate decision-making and sharpen accountability. Executive chairman Markus Strobel will directly oversee prestige commercial operations, while Graeme Carter leads a unified R&D, sustainability and supply chain function. Several senior executives will depart during the transition.
Coty is embarking on a significant restructuring of its leadership framework as it advances its Coty.Curated strategy, a move designed to streamline operations, accelerate execution and bring commercial leadership closer to the market. The changes reflect the company’s ambition to simplify its operating model and strengthen focus on its core brands amid ongoing transformation.
Executive chairman and interim CEO Markus Strobel will assume direct oversight of prestige commercial operations, with regional leaders now reporting directly to him. This shift is intended to sharpen accountability and improve responsiveness to market performance, ensuring that Coty’s prestige portfolio is more closely aligned with evolving consumer demands.
In parallel, prestige R&D, sustainability and supply chain functions will be consolidated into a single organisation. This new structure will be led on an interim basis by chief supply chain officer Graeme Carter, uniting innovation and operations under one umbrella. The integration is expected to enhance efficiency, foster collaboration and accelerate the pace at which Coty can bring new products to market while advancing its sustainability agenda.
The restructuring also brings notable executive departures. Caroline Andreotti, chief commercial officer for prestige, will leave the company at the end of September after nearly two decades of service. Shimei Fan, Ph.D., chief scientific and sustainability officer, will depart at the end of August following her leadership of Coty’s R&D and sustainability initiatives. Additionally, chief people and purpose officer Priya Srinivasan will step down in August for personal reasons. She will be succeeded by Séverine Charbon, formerly chief talent officer international at Publicis Groupe, who will join Coty on 1 September.
Strobel emphasised that the changes are designed to simplify Coty’s operating model and accelerate decision-making. “Priya has been a thoughtful and trusted leader, and a real champion of our people and culture,” he said of Srinivasan’s departure. “She has strengthened how we develop talent, deepened employee engagement, and helped make Coty a place where people can do their best work. We are grateful for everything she has given to Coty and wish her the very best in the future. We now look forward to Séverine joining Coty at this important time and continuing to build on the strong foundations in place.”
The leadership overhaul underscores Coty’s determination to embed agility and accountability across its organisation. By consolidating functions and aligning commercial leadership more closely with market realities, the company aims to accelerate its transformation journey and reinforce its position in the global beauty industry.
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