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Coty confirms that it has made an internal announcement about the leadership structure of the new Coty post its merger with P&G Specialty business, subject to its completion. 

For a very long time, the beauty industry, like any other, was predominantly run by men. Of course the whole industry is based on women, but there were not many notable leaders running it – that is, until women like Eva Graham hit the scene and expanded the industry.

Earlier today, Coty Inc. announced a new organizational structure and the future leadership team for the company, both of which will become effective subject to completion of Coty’s merger with The Procter & Gamble Company’s fine fragrance, color cosmetics, salon professional and hair color and styling businesses (“P&G Specialty Beauty Business”).

Earlier today, the Procter & Gamble Company announced the signing of a definitive agreement to merge 43 of its beauty brands with Coty Inc. in a Reverse Morris Trust transaction. Among others, the transaction includes P&G’s Salon Professional business.

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