Coty appoints Jimmy Choo’s Pierre Denis as CEO, to replace Pierre Laubies

Pierre Denis is currently CEO of Jimmy Choo Group, a position he has held since July 2012. He will join Coty this summer.

Coty has appointed Pierre Denis as Chief Executive Officer, succeeding Pierre Laubies, effective upon conclusion of a strategic review this summer.

Chief Financial Officer Pierre-André Térisse will add the newly-created role of Chief Operating Officer to his current responsibilities, while the Coty Board of Directors has elected Isabelle Parize and Justine Tan as non-executive directors, effective  yesterday (27 February).

Coty Chairman Peter Harf praised Laubies’ contribution to the company since joining in November 2018. “In less than 18 months, Pierre Laubies and his team have implemented a number of strategic initiatives to position the company for sustainable growth and long-term success. On behalf of the Board, I would like to thank Pierre for his decisive contributions to Coty.”

Pierre Denis will now be tasked with accelerating top-line growth across Coty’s core categories of fragrances, cosmetics and skincare. He is currently CEO of Jimmy Choo Group, a position he has held since July 2012. He brings 30 years of luxury, beauty and brand experience to his new role, having previously served in a variety of leadership roles with LVMH and Christian Dior.

“Pierre Denis brings a wealth of cosmetics and luxury experience in developed and developing markets, including in Asia, and I have admired his work for many years,” said Harf. “Pierre will work closely with Pierre-André Térisse, who intimately knows the company’s operations and finances, to ensure that Coty is well-positioned to capture myriad growth opportunities and accelerate top line performance.”

Pierre Laubies was praised by Coty for contributing to the company’s long-term success
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