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Coty Appoints Markus Strobel As Executive Chairman, Interim CEO

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Coty Inc. (COTY), a beauty products company, said on Monday that it has appointed Markus Strobel as Executive Chairman of the Board and Interim Chief Executive Officer with effect from January 1, 2026.

Strobel will join Coty from Procter & Gamble, where he most recently served as President of P&G's Global Skin & Personal Care business.  

Strobel will succeed Peter Harf, who will retire from Coty's Board after over three decades of service, and Sue Nabi, who will step down as CEO following a five-year tenure.

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Business News

Global Economics Weekly Update - December 15-19, 2025

December 19, 2025 15:10 ET
U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.