The global beauty giant, which owns brands or licences such as Calvin Klein, Boss, Risqué, Rimmel and Monange, recruited beauty industry entrepreneur and innovator Sue Youcef Nabi as their new CEO. From September 1, 2020, she will succeed Peter Harf, who is elevated to the role of Executive Chairman and will work closely with Nabi to lead Coty’s transformation.
Sue Nabi is the founder and CEO of the new-age luxury skincare line, Orveda. Previously, she served as Worldwide President of both L’Oréal, and Lancôme, during her 20-year tenure at L’Oréal.
“Sue is renowned as a visionary and ongoing game-changer whose outstanding creativity is celebrated in the beauty industry. I am proud that she now wants to bring her unique sense of inspiration to Coty,” said Peter Harf.