The Newsmaker Forums offer a rare opportunity to hear from beauty’s C-Suite leaders about the state of the industry, trends, issues and opportunities.
Wednesday, March 26, 2014
Coty Prestige: Accelerating Growth
Chief Marketing Officer ,
Stephen Mormoris is Senior Vice President, Global Marketing American Fragrances of Coty Prestige, responsible for a portfolio that includes Calvin Klein, Marc Jacobs, Balenciaga, Vera Wang, Jennifer Lopez, Sarah Jessica Parker and Madonna.
Mr. Mormoris has been with Coty, Inc. since 2001, previously serving as Senior Vice President, Chief Marketing Officer of Coty Beauty, the broad distribution division of Coty, Inc., which encompasses all mass and masstige brands in the categories of skincare, toiletries, cosmetics and fragrances. During his time at Coty Beauty he managed marketing teams in Paris, London and New York.
Mr. Mormoris was responsible for the marketing of all Coty Beauty color cosmetic brands such as Rimmel London, Sally Hansen, NYC, Astor, and Esprit cosmetics, prior to his current position at Coty Prestige. In addition, he managed a comprehensive fragrance portfolio of fashion and celebrity brands including Nautica, Guess, Beyoncé, Halle Berry, David & Victoria Beckham, Kate Moss, Celine Dion, Tim McGraw, Faith Hill, Kylie Minogue, Lady Gaga, and Katy Perry.
Mr. Mormoris began his career at Grey Advertising, Inc. in New York on Procter & Gamble Co. and General Foods Corp. brands. He subsequently joined Procter & Gamble Co. where he worked in various Brand Manager positions on Cover Girl Cosmetics and Noxzema Skincare. Following this, Mr. Mormoris joined L’Oréal for 10 years, and worked in the Cosmetics and Mass Market fragrances division, based in New York. Then, he became Director of Marketing for Laboratories Garnier also part of L’Oréal, based in Paris.
Subsequently, Mr. Mormoris was the General Manager of Yves Rocher S.A., running its U.S., Canada and U.K. divisions. He later became the Senior Vice President of Global Marketing of Yves Rocher, Inc., a leader in direct marketing of natural beauty products, based in Paris.
Mr. Mormoris graduated from Princeton University where he earned a Bachelors Degree in Architecture and Economics. He also holds a Masters of Science in Business from the INSEAD.
Mr. Mormoris is an American and Greek citizen and lives in New York.
As part of his role as President of Coty Prestige, Jean Mortier oversees the continued development and expansion of our worldwide prestige distribution portfolio, and also seeks new business ventures and collaborations. Additionally, Mr. Mortier serves on the Executive Committee. From 2005 until he was appointed President of Coty Prestige in 2012, Mr. Mortier was Senior Vice President, Commercial for Coty Prestige where he was responsible for the portfolio’s global commercial organization.
He has worked closely with Michele Scannavini during his time in that role to develop superior growth and build a stronger portfolio of brands.
Prior to that, he held several positions at Unilever in finance, internal audit, human resources, sales and trade marketing, key account management and supply chain, including Senior Vice President, International at Unilever Cosmetics International. In 1996, he joined the prestige division of Unilever, i.e., Calvin Klein Cosmetics, as Senior Vice president and Chief Financial Officer, where he contributed to the development of a portfolio of licenses until the business was sold to Coty in July 2005. Under the Unilever Cosmetics International umbrella, Mr. Mortier built a strong and diversified portfolio of designer brands including Calvin Klein Cosmetics, Vera Wang and European designer fragrance brands Cerruti, Chloé and Lagerfeld.
Mr. Mortier, a native of Paris, considers himself a global citizen, having worked in various countries in Europe, North and South America, and Japan. Mr. Mortier holds a degree in Business Administration from École Supérieure des Sciences Économiques et Commerciales in Cergy, France.
President & CEO ,
Shiseido Americas Corporation
Marc Rey is a seasoned professional who brings a fresh, multi-dimensional perspective to the beauty industry. From entrepreneurial startups to global leaders, Marc is a change agent who challenges status quo and enables change in turnaround or growth acceleration situations. He combines a unique mix of strategic, multi-industry, multi-channel and multi country experience as well as a solid track record in general management positions.
Marc joined Coty in January 2013 as the Regional Vice President North America, Coty Prestige. He manages a rich portfolio of beauty brands (Calvin Klein, Marc Jacobs, Chloe, Bottega Veneta, Roberto Cavalli, Davidoff, Balenciaga, Vera Wang, Jennifer Lopez …) which position Coty in the top 3 of prestige fragrance As President of philosophy, Marc is also in charge of making the global expansion of the brand possible beyond North America.
Prior to joining Coty Marc Rey served as the President of International Designer Collection at L’Oreal USA managing a portfolio of 16 beauty brands, among them Yves Saint Laurent, Giorgio Armani, Ralph Lauren, V&R Flowerbomb. Noticeably, he first came to the USA to turn around the YSL Beauty business. The brand doubled in size in the next 4 years.
In addition, Marc has held positions at Dannon food in Mexico, J&J in the pharmacy division of ROC and Neutrogena skincare in Europe and at McKinsey in both France and China.
A French citizen who travelled the world, Marc calls NYC home with his wife and 2 sons. Photography and tennis are just a few of Marc’s many passions.
Marc Rey holds a MBA from ESCP Europe in Paris and an AMP from Harvard Business School.
CMO | philosophy brand & Coty skincare,
In July 2013 Ms. Jill Scalamandre was appointed to the freshly created position of Senior Vice President, philosophy and Skincare for Coty Prestige. In her role, she is responsible of overseeing the philosophy brand and its expansion beyond the U.S. In addition to the philosophy brand, Ms. Scalamandre will progressively provide support to Coty’s other skincare brand Lancaster.
Ms. Scalamandre is a seasoned global executive in the beauty industry with a rich experience and proven track record that spans mass and luxury brands, all personal care categories and multiple distribution channels that include mass, specialty store, department store, home shopping, club and direct.
Ms. Scalamandre is a brand builder who advises private equity companies on portfolio opportunities as well as mentors entrepreneurial brands on growth initiatives.
Prior to joining Coty, Ms. Scalamandre served as Chief Marketing Officer at Chrysallis Inc, (a management team for Catterton Partners); Ms. Scalamandre was on the management team that successfully oversaw the sale of Frederic Fekkai hair care and salons to P&G in 2008. Her portfolio brands also included Strivectin, a multi channel cosmeceutical skincare brand and NIA24, physician-based skincare line. Jill led the development and execution of strategic business initiatives to build the brands through product innovation, channel expansion, and international growth, while also providing strategic input for potential future acquisitions.
Ms. Scalamandre joined Chrysallis from Avon Products, Inc., where, as Senior Vice President, Global Beauty Brands, she led the growth of the company’s $8bn beauty portfolio, across color, skin care, personal care and fragrance categories worldwide. With a focus on innovation, she led brand-building strategies across the various global brands, resulting in double digit growth in Anew skin care brand, Designer fragrance portfolio, and the relaunch of Avon Color.
Before joining Avon, Ms. Scalamandre was Managing Director of Prada Beauty, where she started up the beauty division and launched Prada’s award-winning brand from 1999 to 2003. At Prada, she oversaw Sales, Operations, Marketing, and Product Development. To resource the brand for future growth platforms, she sought and secured a joint venture with the Barcelona based company, Puig Inc.
Ms. Scalamandre began her career at Revlon, during her 16 year tenure she progressed through a variety of positions across brands in product development and marketing, ultimately assuming the role of Senior Vice President of Marketing. She was a key team leader in the launch of innovative new products such as ColorStay, and Age Defying. In addition, she led the revitalization of the Almay brand, doubling its market share and driving the brand to profitable growth.
Ms. Scalamandre serves as Chairwoman of Cosmetic Executive Women Inc., an organization with 5,000 members that is committed to advancing the professional growth and leadership development of women in the cosmetic industry.
Ms. Scalamandre has received numerous industry awards including CEW Achiever Awards (2003), WWD Innovative Marketer (2004) and HBA Lifetime Achievement Award in Marketing (2007). She is a graduate of Skidmore College with a Linguistics degree.
Moderated by Peter Born, Executive Editor, Beauty, WWD
4 East 60th Street
New York NY, 10022
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