Coty shakes up leadership team as part of ‘Coty:Curated’ turnaround plan

By Lynsey Barber | Published: 3-Jul-2026

Leadership of Coty’s prestige division will now fall to Executive Chairman and Interim CEO Markus Strobel to ‘speed up decision making’, and the beauty giant’s R&D, sustainability and supply chain operations will be merged into a single function

Coty has revealed a shake-up of its leadership team as part of its ‘Coty:Curated’ turnaround plan.

Markus Strobel, Executive Chairman and Interim CEO of Coty, will take direct control of commercial operations at the beauty giant’s prestige division, which includes Burberry fragrance and make-up line Kylie Cosmetics.

Coty’s regional leaders will all report to Strobel.

Caroline Andreotti, CCO of Coty’s prestige division, will exit as part of the shake-up, after three years in the role and two decades at the company.

The move “brings leadership closer to the markets, speeds up decision-making, and sharpens accountability for sell-out and market share,” said Coty in a company statement.

Coty will also integrate prestige R&D and sustainability with its supply chain operations.

Coty’s Chief Supply Chain Officer, Graeme Carter, will lead the simplified function on an interim basis.

Dr Shimei Fan, Chief Scientific and Sustainability Officer at Coty, will also leave the business at the end of August.

The merging of functions “streamlines how the company develops and delivers behind its core businesses,” read the company statement.

Meanwhile, Coty’s Chief People and Purpose Officer, Priya Srinivasan, will leave in August for personal reasons.

She will be succeeded by Séverine Charbon from 1 September, who joins from media holding company Publicis Groupe, where she is currently Chief Talent Officer International.

“‘Coty.Curated’ is about clarity and focus, and a simpler operating model helps us deliver on that,” said Strobel.

“It positions us to keep building behind our core brands and to support our teams as the business moves forward.

“I want to thank Caroline and Shimei for their leadership and their many years of contribution to Coty, and wish them every success for their future endeavors.”

Strobel became interim CEO in January after the exit of Sue Nabi, who had led the beauty giant for five years.

The former Procter and Gamble (P&G) executive also took on the role of Executive Chairman, replacing Peter Harf who retired after 30 years.

Strobel’s salary as Interim CEO of Coty was recently revealed.

Strobel announced his turnaround strategy in February, to get the business back on track after a "disappointing" financial performance.

The ‘Coty:Curated’ strategic framework encompasses “sharper priorities, more focused investments, improved execution, and increased support behind our core businesses” said Strobel at the time.