Kardashian West is the creator of KKW Beauty.
Earlier this month, Coty named a new CEO, Peter Harf, and yesterday he told the Post, "Kris Jenner and I are good friends...I’m very proud that the Jenner family is working with us and [that we] have access to them and to all other people who are big key opinion leaders on social media.”
Also this month, Coty named Simona Cattaneo, president of luxury brands, as the head of Kylie Cosmetics, leading its expansion. Cattaneo replaces Christoph Honnefelder.
Coty states that under Cattaneo’s leadership, the luxury teams are focusing on reinforcing growth in fragrances as well as accelerating and diversifying its makeup and skincare categories.
Prior to this role, Cattaneo served as chief marketing officer for Coty Luxury since July 2016. She has held several positions at Christian Dior Parfums and L’Oréal. She joined Coty in 2015 and is based in Paris.
And before anyone sheds a tear for Kylie Jenner getting tossed off Forbes' billionaires list, know that the 20-something tops Forbes' list of the 100 highest-paid celebrities.