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AI brief of an SEC Form 8-K · Coty (COTY)

Coty CFO Laurent Mercier steps down, moves to advisory role through June 30, 2027

Neutral Impact 4 of 5 leadership Written later

Coty said CFO Laurent Mercier stopped serving as Chief Financial Officer on September 1, 2026, in connection with the previously announced appointment of Soraya Benchikh as CFO. He will serve as Strategic CEO Advisor under a Transition Agreement through June 30, 2027, with pay and benefit terms that the filing details.

Key points

  • Mercier ceased being CFO on September 1, 2026; Soraya Benchikh was previously announced as successor
  • Mercier keeps a €825,000 annual base salary through June 30, 2027 for advisory services and will be released from active duties beginning November 1, 2026
  • He will receive a fixed one-time bonus of €290,000 and no annual bonus or variable pay for fiscal 2026 or 2027

The filing

CompanyCoty (COTY)
Form8-K, current report
Filed with the SECSep 11, 2026, 5:10 PM ET
Accession number0001024305-26-000054

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.