Coty Inc. on Monday designated its fourth new chief executive in less than four years, and completed its $2.5 billion deal to sell a bulk stake of its expert charm and retail hair-care services to KKR & Co, as the cosmetics and fragrance maker makes every effort to revive dropping sales and decrease its troublesome debt load.
Peter Harf, Coty’s present chairman, will also presume the CEO role. The surprise relocation leaves the New York-based business’s fortunes straight in the hands of its largest shareholder, JAB Holding Co., …
source https://jobsearchtips.net/coty-to-designate-chairman-peter-harf-as-ceo-to-spearhead-turn-around/
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