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Coty names 2 consumer beauty execs

Coty once again is shaking up leadership in its consumer beauty business. The New York-based beauty giant has appointed Stefano Curti to the role of chief brands officer for consumer beauty and promoted Alexis Vaganay to the position of chief commercial officer for consumer beauty.

Coty said the moves are part of efforts by CEO Sue Nabi — who took the top spot at Coty in September — looks to consolidate her leadership team. They follow the October appointments of Isabelle Bonfanti as chief commercial officer for luxury and Jean-Denis Mariani as chief digital officer. 

 “My ambition from day one has been to quickly build a first-class leadership team. The appointment of these two leaders means we are now in great shape to re-position our portfolio of brands more clearly,” Nabi said. “Stefano’s track record and sector expertise makes him the right leader for our Consumer Beauty transformation. Alexis, likewise, is a proven leader within Coty and his deep knowledge of our business and brands makes him the perfect fit to accelerate our growth on all continents.”

Curti brings to the role nearly 30 years in the beauty and health industries. He most recently was global president of Markwins Beauty Brands, the United States’ largest independent cosmetics company, where he established such brands as Physicians Formula, Lorac, Black Radiance and Wetnwild. Prior to Markwins, Curti spent 22 years with Johnson & Johnson, progressing through its marketing organization ot become global president of the company’s beauty and baby divisions, leading such iconic brands as Aveeno, Clean & Clear and Neutrogena. At Coty, Curti has been tasked with strengthening consumer beauty’s brand equity, global positioning and innovation. 

Vaganay has been with Coty since 2016 and most recently was executive vice president of Europe, Middle East and Asia after leading Coty’s UK and Ireland division as general manager for four years. Based in Coty’s Amsterdam headquarters, Vaganay is charged with leading Coty’s regions and developing the consumer beauty division’s commercial strategy with the goal of gaining market share and growing revenue for color cosmetics, body care and consumer fragrances. Before joining Coty, Vaganay held various roles at Unilever and Bic. 

“Consumer Beauty is a critical pillar of our business,” Nabi said. “In times of uncertainty, the consumer beauty industry has an essential mission: [be] the place where people can access the latest trends and innovations, find the best quality at an accessible price and experience the diversity of all kinds of beauties. That’s why we are excited that Coty has found two beauty champions who will enable our portfolio of meaningful brands — which include CoverGirl, Sally Hansen, Rimmel, Bourjois, adidas and David Beckham, to name a few — to truly thrive.”

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