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SOURCE Coty Inc.
Senior Executive Will Join the Global Beauty Company's Executive Committee February 1
NEW YORK, Jan. 22, 2014 /PRNewswire/ -- Leading global beauty company Coty Inc. (NYSE:COTY) announced today the appointment of Ms. Catia Cesari as SVP Business Development, Mergers & Acquisitions, effective February 1. Ms. Cesari will join Coty's Executive Committee and report jointly to CEO, Michele Scannavini and CFO, Patrice de Talhouët.
Ms. Cesari brings 20 years of successful experience in M&A to Coty. In her previous role as Chief Mergers & Acquisitions and Human Capital Officer at Labelux Group, Catia oversaw the acquisitions and restructuring of globally renowned fashion brands such as Jimmy Choo, Bally, and Belstaff. Prior to that, at Gucci Group, Ms. Cesari was instrumental in the acquisition of global brands such as Bottega Veneta and Boucheron. She started her career with KPMG, an audit, tax, and advisory firm, before embarking on a successful decade at General Electric, where she held various positions, including Director Corporate M&A, Europe.
Ms. Cesari holds a Master's degree in Economics and Management from the University of Florence and is also a Certified Public Accountant. She is fluent in Italian, English and Spanish and will be located in Geneva, Switzerland as part of her role.
"I'm pleased to welcome Catia to Coty. Her deep expertise and successful track record in scouting and executing highly strategic deals will be a strong asset in supporting Coty's long term strategy," said Michele Scannavini, CEO, Coty.
Ms. Cesari will replace Mr. Peter Shaefer who will lead special cross-functional projects, reporting to Mr. Scannavini.
About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2013. 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 global brands as adidas, Calvin Klein, Chloé, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.
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