Coty Inc. has appointed Marc Rey as the new regional vice president of Coty Prestige, North America, effective January 1st, 2013.
Among Rey's key responsibilities will be the current U.S. Coty Prestige portfolio, Coty Prestige Canada, philosophy and Sephora key account responsibility for the Americas. He will report to Jean Mortier, president, Coty Prestige, and be located in New York.
Prior to his appointment at Coty, Rey served as the president of International Designers Collections at L'Oreal USA. In this role, he oversaw the skin care, makeup and fragrance businesses for L'Oreal's designer brands, including Ralph Lauren, Giorgio Armani, Yves Saint Laurent and Viktor & Rolf.
"We are thrilled that Marc is joining the Coty family," said Michele Scannavini, CEO, Coty Inc. "Marc's deep expertise within the beauty industry, his energetic, entrepreneurial approach to the business and his impeccable track record make us confident that he will lead our prestige business in North America to new heights."
Rey is replacing Bob Cankes, who will retire in the second half of this fiscal year, after 14 years with Coty and a decorated career within the beauty industry. "Our thanks go out to Bob for his many years of contribution toward Coty's successful development in North America. He played a primary role in growing our prestige business from being a small challenger to now being a leader in the U.S. fragrance industry. We are grateful to Bob for his dedication and passion and we wish him a well-deserved retirement after more than 40 years in the industry," said Scannavini.