Coty Inc. announced the promotion of Stéphane Delbos to Chief Procurement Officer (CPO), effective February 1, 2021. Delbos, who joined Coty in 2010 as Global Sourcing Director, has been promoted from his current role as Senior Vice President (SVP) for Transformation, Indirect and Procurement Operations, where he has played an important role in driving forward Coty’s broader transformation agenda. Delbos will join Coty’s senior leadership team and report to Gordon von Bretten, Chief Transformation Officer. In his new role, Delbos will be responsible for implementing Coty’s multi-year procurement strategy, which includes achieving a significant cost reduction target by FY23, reducing complexity and strengthening Coty’s new product pipeline with leading innovation from external suppliers.