Company News

Coty CEO To Retire

Beetz will step down at the end of the month.

Coty’s Chief Executive Bernd Beetz will retire by the end of July, just weeks after the company filed for an initial public offering, according to reports.

Michele Scannavini, who has run the Coty Prestige unit for the past 10 years, will succeed Beetz at the company, said reports.

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