Coty’s Chief Financial Officer quits, replacement search continues

By Becky Bargh | Published: 22-Aug-2018

Patrice de Talhouët is said to be leaving the beauty giant to pursue other opportunities

Coty has announced its Chief Financial Officer Patrice de Talhouët is stepping down from his position.

The DECF Finance, Accounting and Corporate Law graduate served for over four years in the role but is said to now be pursuing other opportunities.

Coty’s CEO Camillo Pane said: “Patrice has made a significant contribution to Coty during his time as CFO and has been a valuable partner to me for almost two years.

“I am thankful for his valued service and personal commitment. His leadership was especially important during Coty’s integration of the P&G Speciality Beauty Business, which is now largely complete.”

De Talhouët will remain in the role until mid-September and assist through the transition period.

In the meantime Ayesha Zafar, Coty’s SVP Group Controller, will serve as the company’s interim CFO from 15 September as the search for a permanent replacement continues.

Commenting on the news, Bart Becht, Coty’s Chairman of the Board of Directors, said: “Patrice has been an important part of this organisation since joining the company shortly after our initial public offering.

“I am appreciative for Patrice’s many contributions to the company and wish him well in his future endeavours.”

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