By Sarah Todd
17 November 2020
Beauty entrepreneur Sue Y. Nabi has become the new CEO of Coty Inc and will lead the company alongside newly promoted executive chairman Peter Harf.
The founder and CEO of luxury skincare line Orveda, Nabi has previously served as worldwide president of both L’Oréal and Lancôme. During her 20-year tenure at the former she introduced campaigns for cosmetics and skincare that appealed to a wider demographic.
A hallmark of Nabi’s success has been her facility to build and manage diverse, multi-functional global teams.
Commenting on her appointment, Nabi said: “Peter and Coty’s leadership have laid the groundwork to revitalise an iconic beauty business. I’ve been following their progress avidly and am inspired and energised by the opportunity to proudly lead the global team into the future as we build the new, more modern Coty.”
Harf added: “Sue is renowned as a visionary and ongoing game-changer whose outstanding creativity is celebrated in the beauty industry. I am proud that she now wants to bring her unique sense of inspiration to Coty.”