NEW YORK--(BUSINESS WIRE)--Dec. 18, 2015--
Coty Inc. (NYSE:COTY) announced today that it has appointed Andraea
Dawson-Shepherd to the newly created position of Senior Vice President,
Corporate Affairs, reporting to Coty Chairman and Interim CEO Bart
Becht. Ms. Dawson-Shepherd will lead Coty’s communication and corporate
affairs agenda as the company continues its expansion and transformation.
Coty is currently going through the process of merging P&G's fine
fragrance, color cosmetics and hair color businesses (the “P&G Specialty
Beauty Business”) into the company, the successful completion of which
is expected to create one of the world’s largest pure play beauty
companies and double the size of Coty by revenues.
“Andraea’s deep and global experience will make her an invaluable member
of the Coty team as we become a true leader and challenger in the beauty
industry,” said Mr. Becht.
Ms. Dawson-Shepherd has held senior communications positions at
Carlsberg Group, RB (formerly Reckitt Benckiser) and Cadbury Schweppes.
She is an MBA graduate of CASS Business School, London.
About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.4
billion for the fiscal year ended June 30, 2015. Founded in Paris in
1904, Coty is a pure play beauty company with a portfolio of well-known
fragrances, color cosmetics and skin & body care products sold in over
130 countries and territories. Coty's product offerings include such
power brands as adidas, Calvin Klein, Chloé, DAVIDOFF, Marc Jacobs,
OPI, philosophy, Playboy, Rimmel and Sally Hansen.
The combined P&G Specialty Beauty Business/Coty organization is expected
to have pro forma revenues of more than $10 billion based on 2014
performance.
For additional information about Coty Inc., please visit www.coty.com.
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Source: Coty Inc.
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