Leadership & Pay ·
Coty Inc. announced a leadership transition involving Laurent Mercier, who ceased serving as Chief Financial Officer…
COTYCoty Inc.
Coty Inc. announced a leadership transition involving Laurent Mercier, who ceased serving as Chief Financial Officer on September 1, 2026, following the appointment of Soraya Benchikh to that role. Mercier assumed the position of Strategic CEO Advisor through June 30, 2027, retaining an annual base salary of €825,000 and receiving a fixed one-time bonus of €290,000. He will assist with the transition during September and October 2026 before being released from active duties on November 1, 2026, while remaining available for advisory services. The filing details his compensation structure, equity vesting terms, and post-employment covenants. Coty Inc. operates in the beauty industry, manufacturing and selling cosmetics, fragrances, skincare, and hair care products.