Coty makes executive appointments
Coty has appointed Isabelle Bonfanti as chief commercial officer for luxury and announced Jean-Denis Mariani as its new chief digital officer, a newly created role.
Both Bonfanti and Mariani will report directly to CEO Sue Y. Nabi, the company said.
Bonfanti, who takes over on Nov. 1, previously worked in L’Oréal’s luxury division for 17 years across a variety of international general management and commercial roles, and also spent 10 years at Hermés in senior leadership roles.
Mariani is joining the company from Guerlain, owned by LVMH Group, where he served as a chief digital officer and as a member of the executive committee.
“I am delighted to announce the appointments of Isabelle and Jean-Denis. I have followed Isabelle’s career closely over the years and am very impressed with her skill set and deeply strategic approach. Her track record of successfully developing make up and skin care brands, particularly in Asia, makes her a perfect fit for this role,” Nabi said. “Jean-Denis is also a perfect fit for Coty. One of the many seismic changes to our industry has been the meteoric rise of digital and e-commerce. Coty is now making strides in developing a digital offering that is truly best in class. Jean-Denis’ brand-building expertise and track record of success across the world makes him a fantastic addition to our executive leadership team.”
Additionally, Coty also announced that Edgar Huber, its chief commercial officer, will be stepping down after five years. He will remain with the company for a few months and work alongside Bonfanti during her first months in the role.
“I want to extend my thanks to Edgar for all the leadership and expertise he has contributed to Coty over the past five years,” Nabi said. "Edgar is an experienced, respected leader and I’m happy he will stay with us for several more months as we transition to our new leadership approach.”