Coty Inc. Appoints Andrew Stanleick as Chief Digital Officer
Ticker: COTY · Form: 8-K · Filed: Jun 28, 2024 · CIK: 1024305
| Field | Detail |
|---|---|
| Company | Coty Inc. (COTY) |
| Form Type | 8-K |
| Filed Date | Jun 28, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $850,000, $800,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, digital-strategy, e-commerce
Related Tickers: COTY
TL;DR
Coty just hired a new Chief Digital Officer to boost online sales. Big push into e-commerce.
AI Summary
On June 26, 2024, Coty Inc. announced the appointment of Andrew Stanleick as Executive Vice President, Chief Digital Officer, effective July 1, 2024. Stanleick will report directly to the CEO and will be responsible for driving Coty's global digital strategy and e-commerce growth. This appointment is part of Coty's ongoing efforts to enhance its digital capabilities and market presence.
Why It Matters
This appointment signals Coty's strategic focus on digital transformation and e-commerce, which could lead to increased online sales and a stronger digital brand presence.
Risk Assessment
Risk Level: low — The filing concerns a routine executive appointment and does not involve significant financial changes or operational disruptions.
Key Players & Entities
- Coty Inc. (company) — Registrant
- Andrew Stanleick (person) — Appointed Executive Vice President, Chief Digital Officer
- June 26, 2024 (date) — Date of earliest event reported
- July 1, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Executive Vice President, Chief Digital Officer at Coty Inc.?
Andrew Stanleick has been appointed as the new Executive Vice President, Chief Digital Officer.
When is Andrew Stanleick's appointment effective?
The appointment is effective July 1, 2024.
To whom will Andrew Stanleick report?
Andrew Stanleick will report directly to the CEO of Coty Inc.
What will be Andrew Stanleick's primary responsibilities?
Stanleick will be responsible for driving Coty's global digital strategy and e-commerce growth.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is June 26, 2024.
Filing Stats: 528 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-06-28 17:18:24
Key Financial Figures
- $0.01 — which registered Class A Common Stock, $0.01 par value COTY New York Stock Exchange
- $850,000 — an annual base salary in the amount of $850,000 (an increase from her previous annual b
- $800,000 — from her previous annual base salary of $800,000), effective July 1, 2024. The foregoi
Filing Documents
- coty-20240626.htm (8-K) — 27KB
- 0001024305-24-000030.txt ( ) — 146KB
- coty-20240626.xsd (EX-101.SCH) — 2KB
- coty-20240626_lab.xml (EX-101.LAB) — 21KB
- coty-20240626_pre.xml (EX-101.PRE) — 12KB
- coty-20240626_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Coty Inc. (Registrant) Date: June 28, 2024 By: /s/ Priya Srinivasan Priya Srinivasan Chief People & Purpose Officer