Coty, which has just closed a major deal with Kim Kardashian's beauty business, has appointed Sue Y. Nabi as CEO, effective September 1, 2020. Peter Harf will then take the role of executive chairman.
Nabi founded and led the skin care brand Orveda and has served as worldwide president of both L’Oréal and Lancôme. She was the youngest president of L'Oréal in the company's history.
“Sue is renowned as a visionary and ongoing game-changer whose outstanding creativity is celebrated in the beauty industry. I am proud that she now wants to bring her unique sense of inspiration to Coty," said Harf.
“Peter and Coty’s leadership have laid the groundwork to revitalize an iconic beauty business,” said Nabi. “I’ve been following their progress avidly and am inspired and energized by the opportunity to proudly lead the global Coty team into the future as we build the new, more modern Coty.”