This week Coty Inc. announced organizational changes stemming from its July acquisition of a major portion of Procter & Gamble’s beauty business. Here, Beauty Insider outlines the three biggest changes at the beauty firm, which ultimately will see its executive team based in London.

1. Coty’s new organizational structure will be category focused based on how a consumer shops and what and why they purchase. With that in mind, post-merger, Coty’s business will be organized into three divisions: Coty Luxury Division, focused on fragrances and skin care; Coty Consumer Beauty Division, focused on color cosmetics, retail hair coloring and styling products and body care; and Coty Professional Beauty Division, focused on servicing salon owners and professionals in both hair and nail care. Each of the Luxury, Consumer Beauty and Professional Beauty divisions will be led by a president, who will be supported in the areas of supply chain, finance, human resources and information services. The divisions will be overseen by an executive team consisting of the three Presidents, the Functional Heads and the Chief Executive Officer. The executive team will provide strategic direction, pursue M&A opportunities, build out corporate capabilities and address public company obligations.

2.  As part of the new organizational structure, Coty plans to relocate its executive management offices to London allowing to “more effectively operate as a global leader, with closer proximity to the company’s key strategic markets around the world.” The executive management team expected to be based in London, includes, but is not limited to, the office of the Chairman and Chief Executive Officer, currently being held by Bart Becht on an interim basis, as well as Finance, Human Resources, Legal and Growth and Digital.

3. Executive changes include:
  • Camillo Pane, Chief Growth and Digital Officer, will be responsible for the development of Coty’s innovation, marketing and sales capabilities across all divisions, as well as directing Coty’s digital media and e-commerce activities. Most recently Camillo was Reckitt Benckiser’s Senior Vice President, Global Category Officer Consumer Health. He will be based in London following the close of the transaction.
  • Edgar Huber, President Coty Luxury, will oversee Coty’s Fragrances and Skin Care division. With 15 year’s experience at L’Oréal, Edgar most recently was President and Chief Executive Officer of Lands’ End. He will be based in Paris following the close of the transaction.
  • Jean Mortier will retire from Coty and will be succeeded, effective immediately, by Edgar as President Global Markets. Jean will stay with Coty through June 2016 as a Special Advisor to the CEO.
  • Esi Eggleston Bracey, President, Coty Consumer, will oversee Coty’s Color Cosmetics, Hair Coloring and Styling and Body Care division. She is currently Executive Vice President, Global Color Cosmetics, P&G, where she leads the CoverGirl and Max Factor businesses across more than 80 global markets. She will transition from Geneva to New York following the close of the transaction.

  • Sylvie Moreau, President, Coty Professional Beauty, will be responsible for overseeing Coty’s salon business in hair and nail care. She is currently Executive Vice President of Wella, the Salon Division of P&G. She will remain based in Geneva following the close of the transaction.