Happi staff09.11.19
Beauty player Coty Inc. has announced a "strengthened leadership" organization for its supply chain to support its ongoing turnaround plan and future growth.
According to Coty, the procurement function and supply operations will be organizationally disassociated and reinforced. Both will report directly to Pierre Laubies, Coty’s CEO, and will sit at the executive committee. Ad interim, procurement will be led by Gianluca Colombo - chief procurement officer, and supply operations will be led by Jean-Claude Thomas.
“Today’s organizational changes are important steps in supporting our ongoing transformation and our strategic roadmap for future growth. Reducing complexity and costs will drive operational leadership and unlock opportunities for reinvestment and profit expansion,” said Laubies.
Following this redesign, Luc Volatier, current chief global supply officer and a member of the executive committee, is retiring from Coty.
“We thank Luc and wish him the best in his future endeavours. He has made a significant contribution to Coty during his time as Chief Global Supply Officer. His leadership was important in implementing the immediate necessary corrections with respect to our 2018 supply chain challenge, and assess the actions necessary to the turnaround,” noted Laubies.
According to Coty, the procurement function and supply operations will be organizationally disassociated and reinforced. Both will report directly to Pierre Laubies, Coty’s CEO, and will sit at the executive committee. Ad interim, procurement will be led by Gianluca Colombo - chief procurement officer, and supply operations will be led by Jean-Claude Thomas.
“Today’s organizational changes are important steps in supporting our ongoing transformation and our strategic roadmap for future growth. Reducing complexity and costs will drive operational leadership and unlock opportunities for reinvestment and profit expansion,” said Laubies.
Following this redesign, Luc Volatier, current chief global supply officer and a member of the executive committee, is retiring from Coty.
“We thank Luc and wish him the best in his future endeavours. He has made a significant contribution to Coty during his time as Chief Global Supply Officer. His leadership was important in implementing the immediate necessary corrections with respect to our 2018 supply chain challenge, and assess the actions necessary to the turnaround,” noted Laubies.