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.
Inc. (the Company) increased its size from eight directors to
nine and appointed Sabine Chalmers to fill the newly created
vacancy as a member of the Board, with a term expiring upon the
Companys next annual stockholders meeting, and appointed Ms.
Chalmers to the Audit and Finance Committee of the Board (the
AFC). Concurrently with Ms. Chalmers appointment to the AFC,
Erhard Schoewel departed from the AFC. There is no arrangement or
understanding between Ms. Chalmers and any other persons to which
Ms. Chalmers was appointed as a director. There are no related
party transactions between the Company and Ms. Chalmers and as of
the date hereof, Ms. Chalmers does not own any shares of the
Companys common stock. Ms. Chalmers will participate in the
compensation arrangements for non-employee directors as described
in the Companys Proxy Statement, filed with the Securities and
Exchange Commission on September 22, 2016. A copy of the press
release announcing the appointment of Ms. Chalmers is hereby
incorporated by reference and attached hereto as Exhibit 99.1.
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(i)
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Exhibits:
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Exhibit No.
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Description
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99.1
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Press release regarding the appointment of Sabine
Chalmers as a director, dated April 18, 2017. |
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. Coty Inc. (NYSE:COTY) Recent Trading Information
Coty Inc. (NYSE:COTY) closed its last trading session down -0.01 at 18.15 with 5,037,195 shares trading hands.