CoverGirl Owner Coty Is Getting a New CEO—Here's What You Need to Know [Yahoo! Finance]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: Yahoo! Finance
The CoverGirl parent company's stock has lost more than half its value since the start of the year, as its business took a hit in the face of macroeconomic uncertainty and higher tariffs. Cosmetics maker Coty's leadership is getting a makeover. The owner of CoverGirl, Rimmel, and Sally Hansen brands said Monday that Procter & Gamble ( PG ) veteran Markus Strobel is set to take over as its executive chair and interim CEO in the new year. Current CEO Sue Nabi will step down after a five-year tenure at Coty ( COTY ), and executive chair Peter Harf is set to retire from the company's board after over three decades of service. The company said the change will mark a "pivotal moment" for Coty, which has seen sales slide in the face of macroeconomic uncertainty and higher tariffs. Coty shares have lost more than half their value since the start of this year as sales suffered. A shakeup in the company's leadership could mean more changes for the company in the new year. Strobel joi
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News
- Which Ohio employers pay their CEOs the most? See breakdown [Yahoo! Finance]Yahoo! Finance
- The Simple Dividend Strategy Helping Retirees Avoid Selling in Down Markets [Yahoo! Finance]Yahoo! Finance
- Sue Nabi to Exit Coty and be Succeeded by Markus Strobel [Yahoo! Finance]Yahoo! Finance
- Struggling Coty names P&G veteran as interim CEO as Nabi leaves [CNBC]CNBC
- Coty appoints Markus Strobel as interim CEO [Seeking Alpha]Seeking Alpha
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- 10/24/25 - Beat
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Sec Filings
- 12/15/25 - Form 8-K
- 12/10/25 - Form 4
- 12/10/25 - Form 4
- PG's page on the SEC website