Key Moments
- Coty Inc (NYSE:COTY) appoints Markus Strobel as executive chairman and interim CEO.
- Strobel assumes responsibilities previously held by Peter Harf and Sue Nabi.
- The beauty, cosmetics, and fragrance company announced the leadership change on Monday.
Leadership Transition at Coty
On Monday, Coty Inc (NYSE:COTY) named Markus Strobel as its new executive chairman and interim chief executive officer. Consequently, Strobel now leads the company, overseeing both the board and day-to-day executive operations.
New Leadership at Coty: Markus Strobel's Expertise to Drive Growth and Innovation #CotyNewLeadership #CapitalAllocationRevolution
— Markets Gone Wild (@mobdecor) December 22, 2025
Roles Succeeding Previous Leaders
In this new role, Strobel takes on duties that Peter Harf and Sue Nabi previously carried out at the cosmetics and fragrance manufacturer. This change marks a consolidation of leadership responsibilities within the organization.
Leadership Change Overview
| Company | Ticker | New Position | Executive | Predecessors |
|---|---|---|---|---|
| Coty Inc | NYSE:COTY | Executive Chairman and Interim CEO | Markus Strobel | Peter Harf, Sue Nabi |
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