NEW YORK--(BUSINESS WIRE)--Coty Inc. (NYSE:COTY) announced today that it has appointed Andraea Dawson-Shepherd to the newly created position of Senior Vice President, Corporate Affairs, reporting to Coty Chairman and Interim CEO Bart Becht. Ms. Dawson-Shepherd will lead Coty’s communication and corporate affairs agenda as the company continues its expansion and transformation.
Coty is currently going through the process of merging P&G's fine fragrance, color cosmetics and hair color businesses (the “P&G Specialty Beauty Business”) into the company, the successful completion of which is expected to create one of the world’s largest pure play beauty companies and double the size of Coty by revenues.
“Andraea’s deep and global experience will make her an invaluable member of the Coty team as we become a true leader and challenger in the beauty industry,” said Mr. Becht.
Ms. Dawson-Shepherd has held senior communications positions at Carlsberg Group, RB (formerly Reckitt Benckiser) and Cadbury Schweppes. She is an MBA graduate of CASS Business School, London.
About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.4 billion for the fiscal year ended June 30, 2015. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, color cosmetics and skin & body care products sold in over 130 countries and territories. Coty's product offerings include such power brands as adidas, Calvin Klein, Chloé, DAVIDOFF, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.
The combined P&G Specialty Beauty Business/Coty organization is expected to have pro forma revenues of more than $10 billion based on 2014 performance.
For additional information about Coty Inc., please visit www.coty.com.