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Coty Announces New CEO

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By: Jamie Matusow

Editor-in-Chief

As Coty Inc. gears up for its takeover of dozens of P&G brands, the beauty company’s board of directors has appointed Camillo Pane as chief executive officer and member of the Coty board.

These positions will be effective as of the day following the closing of the merger of P&G Specialty Beauty into Coty, expected to occur in October 2016. Bart Becht, currently interim CEO and Chairman of Coty, will continue to serve as the chairman of Coty’s board.

Pane currently holds the position of executive vice president of Coty’s category development and is a member of the Coty executive committee. In his new role, he will focus on leading the revenue growth agenda in preparation for the P&G transaction.

Prior to joining Coty, Pane spent 20 years with Reckitt Benckiser, most recently as head of its global health and personal care business. He has extensive experience in the integration of acquisitions across a wide range of geographies.

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