Coty handed Procter & Gamble veteran Markus Strobel the reins as the CoverGirl owner battles pressure on its mass-market business and a steep share-price slide.
Coty on Monday named Procter & Gamble veteran Markus Strobel as chairman and interim CEO, handing him the reins as the CoverGirl owner battles pressure on its mass-market business and a steep share-price slide.
Coty shares have fallen more than 50% t… [2364 chars]
Source: CNBC | Published: 2025-12-22T13:02:34Z
Credit: CNBC
