Coty has announced that Paul S Michaels, former Global President of Mars, has joined its Board of Directors.
“Paul S. Michaels is one of the most highly respected leaders in the consumer goods industry and we are excited to add him to Coty’s Board of Directors,” said Bart Becht, Chairman and Interim CEO of Coty. “His expertise and creativity in working with global brands will be a tremendous asset to the company as we continue to pursue our strategy of returning Coty to profitable growth behind its brand building and efficiency programs.”
While at Mars, Michaels led efforts to strengthen the company’s portfolio via brand revitalization and product innovation, achieving record growth. Before joining Mars, Michaels, who began his career at P&G, spent 15 years at Johnson & Johnson building the company’s flagship brands. “I have admired Coty for a number of years and I am looking forward to working with my fellow directors to help guide Coty to its next phase of growth,” said Paul S. Michaels. “I have immense respect for Bart and his colleagues and feel that Coty is poised to enhance its leadership position in the global beauty industry.”