Coty appoints new chief executive of Kylie Jenner beauty brands
Coty has promoted Andrew Stanleick to the position of chief executive for the beauty business created by Kylie Jenner.
In addition, Stanleick will also manage Kim Kardashian West’s business for Coty as both brands look to drive global expansion and enter new beauty categories. He will assume his new responsibilities while also working in his current role of Coty EVP Americas.
Coty chief executive Sue Nabi said: “Andrew is a very experienced and respected Coty leader who has demonstrated strong business development acumen, strategic rigour and customer orientation. He is well positioned to further develop Kim and Kylie’s beauty businesses.
“This is a great opportunity for Andrew and Coty to fully leverage our global knowledge and capabilities in R&D, manufacturing, distribution, commercial and go-to-market expertise. Combine this with our deep understanding of the fragrances, cosmetics and skincare categories and you have a recipe for success.”
Kris Jenner, who held the role of interim chief executive, will remain closely involved in strategic partnerships between Kylie Cosmetics and Kylie Skin, KKW Beauty and Coty as a board member. She will also retain the day-to-day responsibilities she has held since the launch of the brand in 2015.
She said: “Andrew is a beauty industry veteran with a proven track record of expanding brands into global markets and we very much look forward to working closely with him to further accelerate the businesses.”
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