Coty’s majority stakeholder JAB Holdings plans to shake up leadership at the beauty group, leading to the departure of chair Peter Harf and CEO Sue Nabi. The new chair is expected to swiftly appoint a new CEO, according to sources familiar with the matter.

(Source: Financial Times)

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Read more at Yahoo Finance: JAB plans leadership overhaul at Coty, with chair Harf to step down, FT reports