Coty Management

Management criteria checks 2/4

Coty's CEO is Sue Nabi, appointed in Sep 2020, has a tenure of 3.58 years. total yearly compensation is $149.43M, comprised of 2.4% salary and 97.6% bonuses, including company stock and options. directly owns 3.39% of the company’s shares, worth $354.57M. The average tenure of the management team and the board of directors is 3.5 years and 4 years respectively.

Key information

Sue Nabi

Chief executive officer

US$149.4m

Total compensation

CEO salary percentage	2.4%
CEO tenure	3.6yrs
CEO ownership	3.4%
Management average tenure	3.5yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sue Nabi's remuneration changed compared to Coty's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$311m
Sep 30 2023	n/a	n/a	US$368m
Jun 30 2023	US$149m	US$4m	US$495m
Mar 31 2023	n/a	n/a	US$179m
Dec 31 2022	n/a	n/a	US$124m
Sep 30 2022	n/a	n/a	US$78m
Jun 30 2022	US$4m	US$4m	US$56m
Mar 31 2022	n/a	n/a	US$120m
Dec 31 2021	n/a	n/a	US$70m
Sep 30 2021	n/a	n/a	-US$159m
Jun 30 2021	US$284m	US$4m	-US$166m

Compensation vs Market: Sue's total compensation ($USD149.43M) is above average for companies of similar size in the UK market ($USD5.62M).

Compensation vs Earnings: Sue's compensation has increased by more than 20% in the past year.

CEO

Sue Nabi (55 yo)

3.6yrs

Tenure

US$149,429,486

Compensation

Ms. Sue Y. Nabi serves as Chief Executive Officer and Director at Coty Inc. since September 1, 2020. Ms. Nabi is the founder and Chief Executive Officer of the new-age luxury skincare line, Orveda. Previou...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
G. Harf	Founder & Chairman	28.3yrs	US$594.25k	1.4% $ 142.8m
Sue Nabi	CEO & Director	3.6yrs	US$149.43m	3.39% $ 346.1m
Laurent Mercier	Chief Financial Officer	3.2yrs	US$2.58m	0.028% $ 2.8m
Kristin Blazewicz	Chief Legal Officer	4.1yrs	US$3.48m	0.069% $ 7.1m
Anna Von Bayern	Chief Corporate Affairs Officer	3.6yrs	US$3.51m	0.11% $ 11.5m
Shimei Fan	Chief Scientific Officer	2.3yrs	no data	no data
Olga Levinzon	Vice President of Investor Relations	4.8yrs	no data	no data
Anne Jaeckin	Chief Human Resources Officer	4.3yrs	no data	0.0027% $ 276.0k
Alexis Vaganay	Chief Commercial Officer of Consumer Beauty	3.3yrs	no data	no data
Jean-Denis Mariani	Chief Digital Officer	3.4yrs	no data	no data
Stefano Curti	Chief Brands Officer of Consumer Beauty	3.3yrs	no data	no data
Stephane Delbos	Chief Procurement Officer	no data	no data	no data

3.5yrs

Average Tenure

53yo

Average Age

Experienced Management: 0I4A's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
G. Harf	Founder & Chairman	28.3yrs	US$594.25k	1.4% $ 142.8m
Sue Nabi	CEO & Director	3.6yrs	US$149.43m	3.39% $ 346.1m
Johannes Huth	Lead Independent Director	3.9yrs	US$459.62k	0.11% $ 11.4m
Robert Singer	Independent Director	14.3yrs	US$351.25k	0.027% $ 2.8m
Beatrice Ballini	Independent Director	4.6yrs	US$321.25k	0.00078% $ 79.7k
Gordon Von Bretten	Director	no data	US$4.30m	0.10% $ 10.3m
Isabelle Parize	Independent Non-Executive Director	4.2yrs	US$291.25k	0.0069% $ 702.3k
Mariasun Aramburuzabala Larregui	Independent Director	3.3yrs	US$291.25k	0.16% $ 16.3m
Lubomira Rochet	Independent Director	1.3yrs	US$157.13k	no data
Joachim Creus	Director	4.4yrs	US$291.25k	no data
Olivier C. Goudet	Independent Director	10.9yrs	US$291.25k	0.12% $ 12.1m
Anna Adeola Makanju	Independent Director	3.3yrs	US$291.25k	no data

4.0yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 0I4A's board of directors are considered experienced (4 years average tenure).

Coty Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently sold US$2.0m worth of stock

Coty Inc. Announces Management Changes

Insufficient new directors

Coty Inc., Annual General Meeting, Nov 02, 2023

Coty Inc., Annual General Meeting, Nov 02, 2023

Coty Inc. Appoints Lubomira Rochet as Director

Recent updates

Coty Inc. to Report Q3, 2024 Results on May 06, 2024

Now 22% undervalued after recent price drop

Independent Director recently sold US$2.0m worth of stock

Coty Inc. Announces Management Changes

Now 21% undervalued

Second quarter 2024 earnings released: EPS: US$0.20 (vs US$0.28 in 2Q 2023)

Coty Inc. Provides Earnings Guidance for the Second Half and Full Fiscal Year 2024

Coty Inc. to Report Q2, 2024 Results on Feb 07, 2024

Insufficient new directors

Now 20% undervalued

Coty Inc. Revises Revenue Guidance for the First Half and Full Year of Fiscal Year 2024

First quarter 2024 earnings released: US$0.002 loss per share (vs US$0.15 profit in 1Q 2023)

Coty Inc. to Report Q1, 2024 Results on Nov 07, 2023

Coty Inc. has completed a Follow-on Equity Offering in the amount of $356.4 million.

New minor risk - Shareholder dilution

Now 22% undervalued after recent price drop

Coty Inc. Introduces The New David Beckham Eau De Parfum Collection

Coty Inc., Annual General Meeting, Nov 02, 2023

Coty Inc., Annual General Meeting, Nov 02, 2023

Coty Inc. Revises Sales Guidance for the First Half and Full Year of Fiscal Year 2024

Coty Inc. and Dreamworks Animation Partner for a Joy-Bomb Nail Polish Collection Inspired by the New Dreamworks Film Trolls Band Together

Now 21% undervalued

Coty Inc. Provides Earnings Guidance for the Fiscal Year 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$0.58 (vs US$0.068 in FY 2022)

Now 20% undervalued

Coty Inc. Increases Financial Guidance for the Fourth Quarter and Fiscal Year 2023

Coty Inc. Raised Earnings Guidance for Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$0.12 (vs US$0.059 in 3Q 2022)

Coty Inc. Appoints Lubomira Rochet as Director

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.23 in 2Q 2022)

Coty Inc. Appoints Lubomira Rochet to Its Board of Directors

High number of new directors

First quarter 2023 earnings released: EPS: US$0.15 (vs US$0.13 in 1Q 2022)

Coty Inc. Reaffirms Earnings Guidance for the Fiscal Year 2023

Coty Inc., Annual General Meeting, Nov 03, 2022

Lead Independent Director recently bought US$110k worth of stock

Lead Independent Director recently bought US$110k worth of stock

Full year 2022 earnings released: EPS: US$0.068 (vs US$0.22 loss in FY 2021)

Justine Tan Resigns as Member of the Board of Directors of Coty Inc

Coty Inc. Reaffirms Earnings Guidance for the Fourth Quarter and Full Year 2022

Investor sentiment improved over the past week

Independent Director recently bought US$307k worth of stock

Third quarter 2022 earnings released: EPS: US$0.059 (vs US$0.002 loss in 3Q 2021)

High number of new directors

Coty Inc. to Report Q3, 2022 Results on May 09, 2022

Chief Transformation Officer recently bought US$302k worth of stock

Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Coty Starts Production of Globally Distributed Fragrances Made Using Carbon-Captured Ethanol

Lead Independent Director recently sold US$250k worth of stock

Lead Independent Director recently sold US$302k worth of stock

Lead Independent Director recently sold US$103k worth of stock

Independent Director recently bought US$10m worth of stock

Lead Independent Director recently sold US$373k worth of stock

First quarter 2022 earnings released: EPS US$0.13 (vs US$0.13 in 1Q 2021)

Forecast to breakeven in 2023

Coty Inc. Announces Relaunch of Kylie Cosmetics with New and Improved Clean and Vegan Formulas

Coty Inc. has completed a Follow-on Equity Offering in the amount of $426.500751 million.

Coty Inc. Provides Earnings Guidance for the First Quarter and Full Year 2022

Full year 2021 earnings released: US$0.22 loss per share (vs US$1.45 loss in FY 2020)

Coty Inc Announces the Relaunch of Kylie Cosmetics with New and Improved Clean and Vegan Formulas

Chief Supply Officer and Head of Research & Development Richard Jones has left the company

Independent Non-Executive Director recently bought US$98k worth of stock

Third quarter 2021 earnings released: US$0.002 loss per share (vs US$0.36 loss in 3Q 2020)

Coty Inc. Affirms Revenue Guidance for 2021

Coty Inc. Reaffirms Earnings Guidance for the Year 2021

Coty Inc. to Partner with Lanzatech to Pioneer New Sustainable Fragrance Production

Coty Appoints Stephane Delbos as New Chief Procurement Officer, Effective February 1, 2021

Coty Inc. Announces Intended Closure of Site in Cologne, Germany