Pierre Laubies, born in 1958, holds advanced degrees in economics and law from prestigious institutions like Sciences Po and the University of Paris Sorbonne. He has a solid background in the business world, having worked for major brands across various...
Pierre Laubies, born in 1958, holds advanced degrees in economics and law from prestigious institutions like Sciences Po and the University of Paris Sorbonne. He has a solid background in the business world, having worked for major brands across various countries. Notably, he led Jacobs Douwe Egberts B.V., a global coffee company, before joining Coty. His most recent role was as CEO at Coty Inc., where he served from November 2018 until his resignation in February 2020. During his tenure, he faced many challenges, resulting in no stock awards or bonuses for the fiscal year 2020. Laubies' compensation was purely a base salary of $3.58 million due to the company's performance, which he navigated through tough times. An interesting twist in his journey is the settlement agreement upon his departure, which involved a unique stock purchase agreement. This deal reflects his deep involvement in Coty's financial mechanics and strategies, emphasizing his business acumen and adaptability in a shifting market landscape. Overall, Laubies' experience highlights his ability to manage complex situations in large corporations and his commitment to the companies he leads.