More Procter & Gamble Alumni Join Strobel at Coty -- Market Talk

Dow Jones

03/19

1716 ET - Among Coty's five new independent directors are three alumni of consumer products giant Procter & Gamble: Robert Kunze-Concewitz, Stephanie Plaines, and new lead director Carsten Fischer. They join interim chief executive Markus Strobel, who spent more than three decades at P&G, most recently serving as president of its global skin- and personal-care business before retiring in 2024. Strobel was brought in as Coty's interim CEO in December amid slumping shares and a review of the company's consumer-beauty strategy. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

March 18, 2026 17:16 ET (21:16 GMT)

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They join interim chief executive Markus Strobel, who spent more than three decades at P&amp;G, most recently serving as president of its global skin- and personal-care business before retiring in 2024. Strobel was brought in as Coty's interim CEO in December amid slumping shares and a review of the company's consumer-beauty strategy. 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