Sue Nabi has stepped down as Chief Executive Officer of Coty after five years in the role, the company confirmed in an official announcement.
Nabi, who joined Coty in 2020, led the beauty group through a period of transformation focused on brand revitalisation, operational efficiency and financial stabilisation. During her tenure, the company worked to strengthen its portfolio across fragrances, cosmetics and skincare, while navigating global supply chain challenges and shifting consumer demand.
Coty stated that the leadership transition is part of its long-term strategic planning. The company did not indicate an immediate permanent successor, noting that further details regarding interim leadership and next steps will be shared in due course.
Under Nabi’s leadership, Coty placed increased emphasis on premium beauty categories and digital expansion, while also pursuing cost-control initiatives aimed at improving profitability. Her departure comes at a time when the global beauty industry continues to evolve amid changing retail dynamics and economic uncertainty.
Coty reaffirmed its commitment to its current business strategy and said it remains focused on delivering sustainable growth and long-term value for shareholders.
Sue Nabi thanked employees, partners and stakeholders for their support during her time at the company, while Coty’s board acknowledged her contributions and leadership over the past five years.
