Coty names Andrew Stanleick as CEO of Kylie Jenner beauty brands
Reuters
Published May 26, 2021 03:45AM ET
Updated May 26, 2021 03:56AM ET
(Reuters) - Cosmetics maker Coty (NYSE:COTY) Inc on Wednesday appointed Andrew Stanleick as the chief executive officer for the beauty brands business created by celebrity and influencer Kylie Jenner.
Stanleick will also manage reality TV star Kim Kardashian West's business for Coty, the company said, to drive global expansion and entry into new beauty categories.
He currently serves as executive vice president of the company's Americas region.
Kris Jenner, who held the role of interim CEO for her beauty business, will remain closely involved in startegic partnerships between the brands and Coty as a board member, the company said.
Stanleick joined Coty in September 2017, after nearly five years at U.S. luxury brand COACH and more than a decade at L'Oreal earlier. He will assume his new responsibilities in addition to his current role, Coty said.
Last year, Coty bought 20% stake in Kardashian West's makeup brand KKW.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.