Beauty company making skin, fragrance, hairbands and cosmetics Coty Inc. (COTY) has appointed Andrew Stanleick as its new chief executive officer. Currently, Stanleick is Coty’s executive vice president in the America region.
In addition, Stanleick will also manage Kim Kardashia’s business for Coty the company says this top managerial shake-up is aimed at driving global expansion and entry into new beauty categories for the Kylie Jenner backed company.
Media personality and socialite, Kylie Jenner has been serving as the company’s CEO on interim basis. Following this appointment, Kylie Jenner will remain as a board member of the company, she will also be closely involved in strategic partnerships of the company.
Stanleick joined Coty in 2017, before then, he was working in United States based luxury brands Coach where he served for almost five years. Stanleick has also worked for over ten years for world leading beauty products manufacturer L’Oreal.
Coty said Stanleick will be serving both his current role and his new one at the company.