CoverGirl Owner Coty Is Getting a New CEO—Here's What You Need to Know

Key Takeaways Makeup and perfume maker Coty said Monday that Procter & Gamble veteran Markus Strobel will take over as interim CEO at the start of 2026.The CoverGirl parent company's stock has lost more than half its value since the start of the year, as its business took a hit in the face of macroeconomic uncertainty and higher tariffs. Cosmetics maker Coty's leadership is getting a makeover. The owner of CoverGirl, Rimmel, and Sally Hansen brands said Monday that Procter & Gamble (PG) veteran Markus ...