Coty annouce new president for its Coty Beauty Division

by Grant Osborne, 15th April, 2009

Coty Inc announced last week the appointment of Renato Semerari as president of the company's Coty Beauty division. Semerari will manage all Coty brands available in mass distribution in the Americas, Europe, Asia and the Middle East.

Among his key responsibilities, Semerari will seek new business ventures and collaborations, as well as oversee the continued development and expansion of the Coty Beauty portfolio. He will also serve as a member of Coty's Executive Committee.

"Renato's broad and diverse experience will be an incredible asset in moving Coty Inc. and Coty Beauty towards the next stage of our success," said Bernd Beetz, Chief Executive Officer, Coty Inc. "He is an accomplished leader with a real passion for our industry and a phenomenal addition to the Coty family."

Semerari started his career in 1986 with Procter & Gamble where he held a series of positions of increasing responsibility. While at P&G, he worked across all categories of the marketing department for personal care, oral care, skin care, paper and detergents, in both Italy and the United Kingdom. He has also held positions at LVMH as International Marketing Director of Parfums Christian Dior, and President and CEO of Guerlain.

Prior to his appointment at Coty, Semerari served as the President and CEO of Sephora Europe since October 2007. In this role, he fueled his knowledge of retail, being held responsible for 12 subsidiaries and an extensive store network. During his tenure, Sephora grew rapidly in pre-existing markets while geographically expanding into new countries.

Semerari will take leadership of Coty Beauty in early May. He replaces Hans Joachim Honigfort who will retire in the fall after seven years with Coty and an accomplished career.

Semerari holds a degree in Business Administration from the University of Rome.

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