Browsing Tag
Laurent Mercier
1 post
Coty profit fell 27% and net debt is $2.9bn. Why is its new CFO arriving now?
Former British American Tobacco CFO Soraya Benchikh has joined Coty as finance chief, inheriting $2.9 billion of net debt, a 27% decline in adjusted operating income, a Consumer Beauty strategic review and a portfolio simplification programme designed to restore growth and margins.
September 1, 2026