Coty changes CEO again, hires former L’Oreal executive


Coty on Thursday named former L’Oreal executive Sue Nabi as chief executive officer, the cosmetics maker’s fifth since its multibillion-dollar deal with Procter & Gamble nearly five years ago. The company’s shares, which have lost more than 60 percent this year, rose about 5 percent in early trading, although they were up only 1.1 percent…

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