This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Coty Inc. Appoints Mario Reis Executive Vice President, Supply Chain

NEW YORK, March 25, 2014 /PRNewswire/ -- Leading global beauty company Coty Inc. (NYSE:COTY) announced today the appointment of Mario Reis as Executive Vice President, Supply Chain, effective May 1, 2014. Mr. Reis will join the Executive Committee and report to Michele Scannavini, CEO.  He will be based in Geneva.  Mr. Reis will replace Darryl McCall who will work on the transition and other projects to ensure continuity in supply chain performance before his retirement on December 31, 2014.

Mr. Reis has more than 30 years of experience as a solid business leader and supply chain expert.  He brings with him a unique skill set, from running one of the most complex supply chain operations in fresh foods, to driving a business unit in an emerging market.   Mr. Reis built his career during his tenure at Danone, where he held several senior executive positions within Worldwide Operations from 1996-2014.  In his various supply chain roles within Danone, Mr. Reis was successful in implementing best practices and synergies across divisions.  Most recently, Mr. Reis served as Managing Director of Danone South Africa, where his leadership resulted in strong acceleration in profitability and growth over a 5 year period.  Prior to that, Mr. Reis worked at Mars Inc. and Bain & Co in various business roles from 1986-1996. 

"I am very excited to welcome Mario as Coty's new head of supply chain," said Michele Scannavini, CEO, Coty Inc.  "His successful and diversified experience in the supply chain and commercial fields brings to Coty a unique perspective and strong skill set for a best in class end-to-end supply chain."

As previously reported, Darryl McCall will retire as Executive Vice President, Global Operations and Executive Committee member.  After a successful career in the highly competitive beauty industry, Mr. McCall plans to put his energy towards increasing the success of minority students in math, science, engineering and technology.  Due to his leadership, he transformed the company's supply chain, allowing it to achieve operational excellence.  Mr. McCall was also instrumental in spearheading the Leading Bold Change Initiative, a volunteer based employee engagement program used to inspire creative and innovative solutions within the work place. 

"Along with Coty's Executive Team, I would like to acknowledge Darryl's many talents and thank him for his outstanding contributions to our success. We very much valued his leadership in building a strong and reliable supply chain. He will be missed and we wish him all the best for the future," continued Scannavini.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,745.98 -5.41 -0.03%
S&P 500 2,108.63 +0.06 0.00%
NASDAQ 5,128.7850 +17.0520 0.33%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs