Coty’s (COTY) controlling stakeholder JAB Holdings intends to revamp leadership at the beauty group, resulting in the departure of chair Peter Harf, with CEO Sue Nabi set to follow, the Financial Times’ Madeleine Speed, Arash Massoudi, and Adrienne Klasa report. The shareholder’s plan is that Harf’s successor as chair will quickly name a new CEO, the authors say, citing people familiar with the matter.
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