Coty has appointed Patrice de Talhouet as CFO effective early 2014.

He will replace Sergio Pedreiro who will stay on at Coty through March 2014 to provide a seamless transition for Mr. de Talhouet, as well as to complete Coty’s Fiscal 2014 second quarter earnings release.

As Corporate Finance Officer Americas and a member of the finance executive committee for Mars, Inc., De Talhouet has successfully led a multiple year program to transform the global Finance function for the company, oversaw governance and compliance in the region, and was Dean of Mars University for Finance. The five years prior he served as CFO Europe for Mars Global Chocolate.

“I am very excited to welcome Patrice as Coty’s new CFO. Patrice has a deep, well rounded profile and a proven, successful track record in leading large financial operations with premier multinational corporations,” said Michele Scannavini, CEO, Coty Inc. “He will be a strong addition to our Executive Team.”

Scannavini continued, “Along with Coty’s Executive Team, I would like to acknowledge Sergio’s many talents and thank him for his contributions to our profitable growth achieved over the past five years. We very much appreciated his business acumen along with his unique interpersonal skills. He will be missed and we wish him all the best for the future,” continued Scannavini.