News On Future Coty Professional Beauty Division
COTY confirmed in an internal announcement about the leadership structure of the new COTY post its merger with P&G Specialty business (subject to its completion) that Salvatore Mauceri, current Wella North America leader, will be Senior Regional Vice President of Coty North America Professional Beauty and Global OPI, reporting to Wella Executive Vice President Sylvie Moreau, who will be President of the future Coty Professional Beauty Division.
In response to Mauceri's confirmation Moreau said, "Sal has an incredible ability to lead large and complicated businesses to explosive growth while creating high-performing organizations along the way. He has demonstrated significant success in all his roles within P&G Wella."
Toronto-born and a citizen of the U.S., Mauceri is a 25-year veteran with extensive sales, marketing and general management experience in both business-to-business and consumer products. Mauceri kicked off his career at a leading consumer health care products company and then started a successful medical supply business which he managed for a number of years and later divested. He joined P&G, Wella Professionals in 2005.
In his current role, Mauceri oversees the entire organization of professional educators, sales executives, marketers, researchers and support functions of Wella North America.
"After leading the U.S. sales organization and later, the North America integration of Wella into P&G, Sal worked from our Geneva headquarters to transform 90 countries across three regions into what has become our global emerging markets business and an important growth engine for Wella globally," Moreau noted. "He returned to the U.S. two years ago as head of Wella North America, where he has transitioned this very important business to explosive growth while evolving as an important industry influencer."
"I'm thrilled to have the opportunity to take on an expanded role in the future Coty Professional Beauty Division," Mauceri commented. "Wella North America has established a fantastic growth track record. And OPI is the most exciting brand in the professional nail industry globally."
Both Wella and OPI will continue to operate as separate businesses within P&G Specialty Beauty and Coty, respectively, until the close of the transaction.