- Huw Hughes
Coty has named Stéphane Delbos as its new chief procurement officer,
effective 1 February.
In his new role, Delbos will be tasked with implementing Coty’s
multi-year procurement strategy, which includes achieving a 600 million
dollar net reduction in costs by FY23 and strengthening the beauty label’s
new product pipeline.
Delbos joined Coty in 2010 as global sourcing director before working
his way up to senior vice president for transformation, indirect and
procurement operations, where he played a key role in driving the brand’s
broader transformation agenda.
Prior to joining Coty, Delbos held several local and global procurement
positions at Pfizer and Ipsen.
He will join Coty’s senior leadership team and report to chief
transformation officer Gordon von Bretten.
“Stéphane’s diverse experience and proven track record over 10 years at
Coty make him a great addition to Coty’s senior leadership team,” von
Bretten said in a statement.
“He has a deep understanding of how this company works and has been
integral to progressing our financial transformation and successfully
navigating the challenges of Covid-19.
“I look forward to continue working with him closely as we transform
Coty into a true beauty powerhouse that’s stronger, more focused and set up
for long-term profitable growth.”