Coty Inc.,  leading beauty company and the global leader in fragrances, has announced that Simona Cattaneo is to step down from her role as President, Luxury Brands, after five years at Coty. Cattaneo will remain with the company until Summer 2021. Her successor will be announced in due course.

Simona Cattaneo, said: “Having joined Coty in 2016 as Chief Marketing Officer, it has been a fantastic experience to work with so many inspirational people as I have progressed through the organization. Coty is fortunate to have passionate and dedicated staff throughout business and strong relationships with our licensors. As I move on from Coty to pursue other interests, I’m delighted to see the business positioned for future success.”