Coty has named Andrew Stanleick—currently Coty EVP Americas—CEO of Kylie Jenner Beauty Brands, which is in the midst of an apparent rebranding. He will also manage Kim Kardashian West's business for Coty with a focus for both brands on driving global expansion and entry into new beauty categories.
Kris Jenner, who was interim CEO of Kylie Jenner Beauty Brands, will remain involved in the strategic partnership among Kylie Cosmetics and Kylie Skin, KKW Beauty and Coty as a board member. She will also continue to handle the day to day responsibilities she has held since Kylie Cosmetics launched in 2015.
Stanleick has more than 20 years of multi-channel, multi-category experience in marketing and general management roles in the beauty and luxury goods industry. He joined Coty in 2017 after serving as president and CEO for Coach Europe for nearly five years. Prior to that, he worked at L’Oréal from 2000-2013.
Stanleick has led the transformation of the Coty Americas business, most notably with U.S. luxury returning to omni-channel market share growth for the first time in three years.
Sue Y. Nabi, Coty's CEO, said, "Andrew is a very experienced and respected Coty leader who has demonstrated strong business development acumen, strategic rigor, and customer orientation. He is well positioned to further develop Kim and Kylie’s beauty businesses. This is a great opportunity for Andrew and Coty to fully leverage our global knowledge and capabilities in R&D, manufacturing, distribution, commercial and go-to-market expertise. Combine this with our deep understanding of the fragrances, cosmetics and skin care categories and you have a recipe for success.”
Kris Jenner said: “Andrew is a beauty industry veteran with a proven track record of expanding brands into global markets and we very much look forward to working closely with him to further accelerate the businesses.”
Stanleick said, "It’s a great honor to assume this added responsibility and lead these iconic brands, which have played such an important role in revolutionizing the way the beauty industry works today. We have a clear plan in place to accelerate growth and ensure these businesses are able to continue to deliver outstanding products that are new, innovative and sustainable. For Kylie’s beauty business, this includes a refreshed cosmetics product assortment, an omnichannel approach, and a best-in-class DTC website and platform which will finally allow consumers to seamlessly shop the full assortment of her cosmetics and skincare products. It’s a very exciting time for everyone involved and we have a fantastic opportunity to build something very special together.”