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Markus Strobel Named Coty Executive Chairman, Interim CEO

12/23/2025

Summary

Strobel Assumes Leadership

Markus Strobel, a former Procter & Gamble executive, will become Coty's Executive Chairman and Interim CEO on January 1, 2026, as the company reviews its Consumer Beauty strategy.
The appointment ends speculation about Sue Nabi, Coty Chief Executive Officer.
Strobel succeeds Peter Harf, a longtime Coty executive, who retires after over 30 years with Coty.
During Nabi's five-year tenure, she launched fragrances and improved Coty's financial leverage.

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Strobel Assumes Leadership

Markus Strobel, a former Procter & Gamble executive, will become Coty's Executive Chairman and Interim CEO on January 1, 2026, as the company reviews its Consumer Beauty strategy.
The appointment ends speculation about Sue Nabi, Coty Chief Executive Officer.
Strobel succeeds Peter Harf, a longtime Coty executive, who retires after over 30 years with Coty.
During Nabi's five-year tenure, she launched fragrances and improved Coty's financial leverage.