Coty appoints Markus Strobel as executive chairman and interim CEO

Beauty brand Coty has named Markus Strobel as executive chairman of the board and interim CEO. The appointment will take effect on 1 January 2026. Strobel arrives at Coty after more than three decades at Procter & Gamble (P&G), where he most recently headed the company’s global skin and personal care division as president. Over his 33-year tenure, he held a series of senior posts across beauty & grooming, spanning fine fragrance, hair care and grooming. At P&G, Strobel oversaw category and organisatio ...