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Coty Announces New Chief Financial Officer

Posted: January 12, 2009

Coty Inc. announced that Sergio Pedreiro has been named chief financial officer, effective immediately. In this position, Pedreiro will oversee Coty's worldwide finance and information management activities. Among his key responsibilities, Pedreiro will oversee strategic leadership for corporate finance, planning and budgeting, treasury, tax and fiscal management, business development and acquisitions integration, and information technologies.

"A leading financial strategist, Sergio Pedreiro will play a key role in expanding Coty in the coming years," said Bernd Beetz, CEO, Coty Inc. "Under his leadership, I am confident that we can and will strengthen our financial organization and processes to grow our success. Despite challenging economies around the world, we will strive to reinforce our leadership and to gain market share."

Prior to Coty, Pedreiro served for seven years as the chief financial officer of America Latina Logistica (ALL), Latin America's largest independent logistics company with operations in Brazil, Argentina, Chile and Uruguay. Prior to working at ALL, Pedreiro was an investment officer with GP Investment, a private equity firm in Brazil.

Pedreiro holds a degree in aeronautical engineering, with honors, from Instituto Tecnologico de Aeronautica in Brazil. He also earned a masters in business administration from Stanford University.