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

Craig Barritt / Getty Images for COVERGIRL Coty owns CoverGirl along with several other makeup and perfume brands 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 m ...