New M&A Chief for Coty

Coty announced the appointment of Catia Cesari as senior vice president of business development, mergers and acquisitions, effective February 1. Cesari will join Coty's executive committee and report jointly to CEO Michele Scannavini and CFO Patrice de Talhouët.

Cesari brings 20 years of successful experience in M&A to Coty. In her previous role as chief mergers and acquisitions and human capital officer at Labelux Group, Cesari oversaw the acquisitions and restructuring of renowned fashion brands such as Jimmy Choo, Bally and Belstaff. Before that, at Gucci Group, Cesari was instrumental in the acquisition of global brands such as Bottega Veneta and Boucheron. She started her career with KPMG, an audit, tax and advisory firm, before embarking on a successful decade at General Electric, where she held various positions, including director corporate M&A, Europe.

"I'm pleased to welcome Catia to Coty. Her deep expertise and successful track record in scouting and executing highly strategic deals will be a strong asset in supporting Coty's long-term strategy," said Scannavini.

Cesari will replace Mr. Peter Shaefer, who will lead special cross-functional projects, reporting to Scannavini.

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