Coty Inc. (NYSE:COTY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 12, 2019, Lambertus J.H. Becht, resigned as a director of the Board of Directors (the “Board”) of Coty Inc. (NYSE: COTY) (the “Company”). Mr. Becht’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
On January 13, 2019, the Board appointed Anna-Lena Kamenetzky as a member of the Board, effective immediately to fill the vacancy created as a result of the resignation of Mr. Becht, with a term expiring upon the Company’s next annual stockholders’ meeting. No decision has been made with respect to the naming of Ms. Kamenetzky to any committees of the Board. There are no arrangements or understandings between Ms. Kamenetzky and any other persons to which Ms. Kamenetzky was appointed as director. There are no related party transactions between the Company and Ms. Kamenetzky, and as of the date hereof Ms. Kamenetzky does not own any shares of the Company’s common stock. Ms. Kamenetzky will participate in the compensation arrangements for non-employee directors as described in the Company’s Proxy Statement filed with the Securities and Exchange Commission on September 20, 2018.
About Coty Inc. (NYSE:COTY)
Coty Inc. is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men’s and women’s products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli. Its color cosmetics products include lip, eye, nail and facial color products. The brands in its Color Cosmetics segment include Bourjois, Rimmel, Sally Hansen and OPI. Its skin & body care products include shower gels, deodorants, skin care and sun treatment products. Its skin & body care brands are adidas, Lancaster, philosophy and Playboy. The Company, through Hypermarcas S.A., engages in personal care and beauty business. The Brazil Acquisition segment includes product groupings, such as skin care, nail care, deodorants and hair care products. It operates in the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific.