Coty Inc. has appointed Sergio Pedreiro as chief financial officer effective immediately. In this position, he will oversee Coty’s worldwide finance and information management activities.

Among his key responsibilities, Mr. Pedrerio will oversee strategic leadership for corporate finance, planning and budgeting, treasury, tax and fiscal management, business development and acquisitions integration, and information technologies. As a member of Coty’s Executive Committee, he will report to Chief Executive Officer Bernd Beetz.

“A leading financial strategist, Sergio Pedreiro will play a key role in expanding Coty in the coming years,” said Mr. Beetz in a statement to the press. “Under his leadership, I am confident that we can and will strengthen our financial organization and processes to grow our success. Despite challenging economies around the world, we will strive to reinforce our leadership and to gain market share.”

Mr. Pedreiro brings more than 20 years of comprehensive and global financial expertise to Coty. Prior to Coty, he served for seven years as the chief financial officer of America Latina Logistica (ALL), Latin America’s largest independent logistics company with operations in Brazil, Argentina, Chile and Uruguay. Prior to working at ALL, Mr. Pedreiro was an Investment Officer with GP Investment, the leading private equity firm in Brazil.