Christine Esposito, Managing Editor05.21.21
Simona Cattaneo will step down from her role as president, luxury brands, after five years at Coty. She will remain with the company until Summer 2021. A successor will be announced in due course, the beauty company announced today.
“I want to sincerely thank Simona for her leadership, commitment and passion over the last five years. She played a key role in building our prestige brands portfolio - expanding our presence in the make-up space, and strengthening our relationships with Coty’s licensors, as well as successfully integrating Kim and Kylie’s beauty businesses into our portfolio,” Sue Y. Nabi, Coty’s CEO, said in a statement announcing the departure. “Simona has helped lay the foundations for Coty’s long-term success and we wish her the very best in the next chapter of her career.”
Cattaneo said her time at the firm “has been a fantastic experience to work with so many inspirational people as I have progressed through the organization. Coty is fortunate to have passionate and dedicated staff throughout business and strong relationships with our licensors. As I move on from Coty to pursue other interests, I’m delighted to see the business positioned for future success.”
“I want to sincerely thank Simona for her leadership, commitment and passion over the last five years. She played a key role in building our prestige brands portfolio - expanding our presence in the make-up space, and strengthening our relationships with Coty’s licensors, as well as successfully integrating Kim and Kylie’s beauty businesses into our portfolio,” Sue Y. Nabi, Coty’s CEO, said in a statement announcing the departure. “Simona has helped lay the foundations for Coty’s long-term success and we wish her the very best in the next chapter of her career.”
Cattaneo said her time at the firm “has been a fantastic experience to work with so many inspirational people as I have progressed through the organization. Coty is fortunate to have passionate and dedicated staff throughout business and strong relationships with our licensors. As I move on from Coty to pursue other interests, I’m delighted to see the business positioned for future success.”