Coty is overhauling its governance with the appointment of five new independent directors, adding heavyweight experience from Shiseido , Procter & Gamble , Sephora , Campari Group , Ferrari , Bulgari , Pandora , Starbucks , Walmart , and JLL to support its next phase of beauty led growth.
The refresh gives Coty a new Lead Independent Director , new chairs for its Remuneration and Audit & Finance committees , and signals a tighter focus on prestige fragrance, brand building, portfolio transformation, and financial
discipline. New Independent Directors and Key Committee Roles The Board has appointed Carsten Fischer, Alia Gogi, Robert Kunze Concewitz, Maria Carla Liuni, and Stephanie Plaines as new independent directors.
Robert Kunze Concewitz will chair the Remuneration Committee , Stephanie Plaines will chair the Audit and Finance Committee , and Carsten Fischer has been named Lead Independent Director , giving each of these seasoned operators formal oversight of pay, capital, and governance. These additions sit alongside existing directors Markus Strobel ( Executive Chairman and Interim CEO ), Joachim Creus, Frank Engelen , and Patricia Capel , who all remain on the Board .
Gordon von Bretten has stepped down as a director following his appointment as President of Consumer Beauty at Coty . Beauty, luxury, and Retail Experience Collectively, the new directors bring decades of experience across prestige beauty, luxury, and global consumer brands. Carsten Fischer previously led a $4 billion plus international business at Shiseido as Representative Director and Corporate Senior Executive Officer , increasing its overseas sales ratio from 32% to over 53% , and earlier ran Procter &…