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Coty Inc. says its CFO is leaving, a new CFO is starting, and shares details about the changes.

New bossRead the original at sec.gov
Neutral

Coty moved its CFO to Strategic CEO Advisor through June 30, 2027 and disclosed his pay, bonus, equity vesting rules, and non-compete terms; the filing shows a planned transition with continuity and no operational changes.

COTY · Coty Inc.

AI read · Neutral

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Coty said its CFO, Laurent Mercier, ceased serving as CFO on September 1, 2026 and will serve as Strategic CEO Advisor through June 30, 2027. The filing lists his salary, a one-time bonus, equity vesting rules, and non-compete payments but does not report any financial restatement or operational disruption, so the move reads as a planned leadership transition that keeps continuity.

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