New York – June 25, 2019 – Coty Inc. (NYSE: COTY) today announced the appointment of Sophie Hanrot as Chief Human Resources Officer (CHRO), effective July 1, 2019. Sophie will serve as a member of the Coty Executive Committee and report to Coty’s CEO Pierre Laubies. Sophie succeeds Sébastien Froidefond who will be leaving Coty for personal reasons.
Laubies said, “Over the past three years as SVP of HR for our Luxury Division, Sophie has proven herself to be a strong leader, adept at successfully driving major business and cultural transformation while minimizing business disruption. Under her leadership, the HR teams have significantly contributed to the P&L of Coty Luxury by implementing a lean organization, building high talent teams as well as promoting a culture of performance within the division. I am very pleased to be able to promote Sophie from within Coty, and I am confident that her skills and leadership approach will allow her to successfully drive the people agenda in the next phase of our transformation.
We thank Sébastien for his significant contributions to Coty’s transformation over the past four years. He led our people agenda during the critical merger and integration period, delivered strong results and built a talented HR team, including succession planning, thereby ensuring continuity during this transition period. We wish him well in his future endeavors.”
Sophie has 20 years of human resources strategic leadership, including talent management, organizational transformation and culture development, with extensive experience in the Beauty industry. Since 2016, Sophie has been SVP, HR of Coty’s Luxury Division. Prior to that Sophie was Global Head of Talent Management at Louis Vuitton, with previous experience at L’Oréal as well as running her own HR consultancy business. Sophie started her career in retail and marketing before choosing to enter the HR world by joining the global executive search firm Russell Reynolds Associates and then Heidrick & Struggles Inc.
Coty is one of the world’s largest beauty companies with over $9 billion in revenue, an iconic portfolio of brands and a purpose to celebrate and liberate the diversity of consumers’ beauty. We believe the beauty of humanity lies in the individuality of its people; beauty is at its best when authentic; and beauty should make you feel happy, never sad. As the global leader in fragrance, a strong number two in professional salon hair color & styling, and number three in color cosmetics, Coty operates three divisions: Consumer Beauty, which is focused on mass color cosmetics, mass retail hair coloring and styling products, body care and mass fragrances with brands such as COVERGIRL, Max Factor, Bourjois and Rimmel; Luxury, which is focused on prestige fragrances and skincare with brands such as Calvin Klein, Marc Jacobs, Hugo Boss, Gucci and philosophy; and Professional Beauty, which is focused on servicing salon owners and professionals in both hair and nail, with brands such as Wella Professionals, Sebastian Professional, OPI and ghd. Coty has 20,000 colleagues globally and its products are sold in over 150 countries. Coty and its brands are committed to a range of social causes as well as seeking to minimize its impact on the environment.
For additional information about Coty Inc., please visit www.coty.com.
Olga Levinzon, +1 212 389-7733
Jennifer Friedman, +1 917 754-8399