06.14.17
Ralph Macchio, chief scientific officer and senior vice president of Global Research & Development, will retire from Coty after a distinguished 25 years with the company. His retirement has reportedly been in the pipeline for a couple of years, but he had agreed to postpone it until after the merger and integration with P&G Beauty Business was well advanced.
Camillo Pane, Coty’s CEO, said, “Ralph has been an amazing R&D leader in the beauty industry and retires after a truly distinguished career. He has developed many iconic products over the years, pioneered radical and breakthrough technologies and authored numerous patents. These include our highly successful Sally Hansen Miracle Gel, one of the biggest nail successes in beauty, having won 34 awards, and Rimmel Lash Accelerator Mascara, proven to help grow lashes, to name just two. My many thanks, and those of our Board and Executive Committee members, and all his colleagues at Coty go to Ralph for his leadership, commitment, drive and passion for our business, and for the expertise he has brought. We wish him a great retirement.”
According to Coty, a successor will be announced in the near future.
Macchio will leave Coty on June 30, 2017. During the interim period, the R&D team will report to Pane.
Camillo Pane, Coty’s CEO, said, “Ralph has been an amazing R&D leader in the beauty industry and retires after a truly distinguished career. He has developed many iconic products over the years, pioneered radical and breakthrough technologies and authored numerous patents. These include our highly successful Sally Hansen Miracle Gel, one of the biggest nail successes in beauty, having won 34 awards, and Rimmel Lash Accelerator Mascara, proven to help grow lashes, to name just two. My many thanks, and those of our Board and Executive Committee members, and all his colleagues at Coty go to Ralph for his leadership, commitment, drive and passion for our business, and for the expertise he has brought. We wish him a great retirement.”
According to Coty, a successor will be announced in the near future.
Macchio will leave Coty on June 30, 2017. During the interim period, the R&D team will report to Pane.
