NEW YORK--(BUSINESS WIRE)--Oct. 14, 2016--
Coty Inc. (NYSE: COTY) today announced that its Chief Legal Officer and
Company Secretary, Jules Kaufman, will be leaving the Company. Having
just helped lead the Company through its merger with the P&G Specialty
Beauty Business, Mr. Kaufman has decided to remain in the U.S. and
pursue other interests. Mr. Kaufman will be succeeded by Greerson
(Greer) McMullen, who will be located in Coty’s London headquarters. Mr.
McMullen will join the company on October 24, 2016, and will work with
Mr. Kaufman on an orderly handover.
During his nine years with Coty, Mr. Kaufman has skillfully guided the
Company through its initial public offering and listing on the New York
Stock Exchange, a number of significant acquisitions and the expansion
of its business into new territories. Coty thanks Mr. Kaufman for his
many contributions.
Mr. McMullen joins Coty from Schweitzer-Mauduit International Inc, the
innovative international papers and materials engineering company, and
brings experience of both developed and emerging markets. Previously, he
was in the international service sectors and was a general counsel
within General Electric for almost eight years. Mr. McMullen brings over
25 years of legal experience including serving as the general counsel of
several U.S. listed companies. He has a proven track record in
supporting highly commercial and innovative environments and
internationally expanding companies.
Coty Chief Executive Officer, Camillo Pane, said, “On behalf of the
entire company and our Board, I want to thank Jules for his many
contributions to Coty during his time with us. He’s been a great
colleague and we wish him much success in his future endeavours.
“I am pleased to welcome Greer and look forward to working with him as
he brings his expertise and experience to our growth agenda.”
About Coty Inc.
Coty is one of the world’s largest beauty companies with approximately
$9 billion in revenue, with a purpose to celebrate and liberate the
diversity of consumers’ beauty. Its strong entrepreneurial heritage has
created an iconic portfolio of leading beauty brands. Coty is the global
leader in fragrance, a strong number two in professional salon hair
color & styling, and number three in color cosmetics. Coty operates
three divisions – Coty Consumer Beauty, which is focused on color
cosmetics, retail hair coloring and styling products, body care and mass
fragrances sold primarily in the mass retail channels with brands such
as COVERGIRL, Max Factor and Rimmel; Coty Luxury, which is focused on
prestige fragrances and skincare with brands such as Calvin Klein, Marc
Jacobs, Hugo Boss, Gucci and philosophy; and Coty Professional Beauty,
which is focused on servicing salon owners and professionals in both
hair and nail, with brands such as Wella Professionals, Sebastian
Professional and OPI. Coty has over 20,000 colleagues globally and its
products are sold in over 130 countries.
Coty and its brands are committed to a range of social causes as well as
seek to minimize its impact on the environment.
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Source: Coty Inc.
Coty Inc.
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Kevin Monaco, +1 212-389-6815
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