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

Coty names Markus Strobel executive chairman and interim CEO; Sue Nabi steps down

Neutral Impact 4 of 5 leadership Written later

Coty's board appointed Markus Strobel, a former Procter & Gamble executive, as Executive Chairman and Interim CEO effective January 1, 2026. Sue Nabi will leave the CEO role on December 31, 2025, and Peter Harf resigns as chairman on the same date, so the leadership transition affects shareholders directly.

Key points

  • Markus Strobel becomes Executive Chairman and Interim CEO effective January 1, 2026, with a base salary of $1,250,000 that drops to $1,000,000 once he is no longer interim CEO.
  • Sue Nabi ceases to be CEO effective December 31, 2025, and receives a lump sum of approximately $1,741,575 in lieu of notice, with about 2,083,333 restricted stock units vesting on January 2, 2026.
  • Peter Harf resigns as Chairman and director effective December 31, 2025, after serving as chairman since 2020.
  • Patricia Capel joins the board effective January 1, 2026, and the Remuneration and Nomination Committee on the same date.

The filing

CompanyCoty (COTY)
Form8-K, current report
Filed with the SECDec 22, 2025, 7:30 AM ET
Accession number0001193125-25-327571

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:39 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 December 22, 2025.

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.