This is what Coty Interim CEO Markus Strobel earns

By Amanda May | Published: 30-Apr-2026
Finance

Markus Strobel, who joined Coty as Interim CEO on 1 January 2026 after Sue Nabi’s departure, has a package which is made up of an annual base salary, one-time sign-on bonus and equity grants

Markus Strobel’s salary as Coty’s Interim CEO has been revealed.

Strobel was named Interim CEO of the beauty company, effective 1 January 2026, after former top boss Sue Nabi exited the business in December 2025 after five years at the helm.

Strobel’s annual base salary is US$1.25m, with a $940,000 one-time sign-on bonus, paid on the first scheduled payroll date following 30 June 2026.

His salary will be reduced to $1m if he stops serving as interim CEO.

You can see how Strobel compares to L'Oréal CEO Nicolas Hieronimus’ salary and Shiseido CEO Kentaro Fujiwara’s pay. 

Strobel also received an equity grant under Coty’s Equity and Long-Term Incentive Plan (the ‘Equity Plan’), including restricted stock units with a grant date fair value of $3m (the ‘RSU Grant’) and 6,000,000 stock options with an exercise price equal to the fair market value on the grant date (the ‘Option Grant’).

This is subject to the terms of the ‘Equity Plan’ and the applicable award agreements.   

The ‘RSU Grant’ is subject to service-based vesting conditions, vesting in three substantially equal instalments on each of 31 December 2026, 2027 and 2028. 

The ‘Option Grant’ will vest in full on 31 December 2028, subject to the achievement of applicable performance goals.

This salary information was made available in a filing for when Strobel was appointed Coty’s Interim CEO.

Strobel unveiled his business turnaround strategy, ‘Coty. Curated’ in February after delivering underwhelming financial results for Q2 fiscal year 2026. 

For the three months ending 31 December 2025, Coty delivered net revenue of $1.68bn, a 1% increase on a reported basis and included a 4% benefit from foreign exchange (FX). 

However, on a like-for-like (LFL) basis, net revenue declined 3%.

‘Coty. Curated’ aims to sharpen the business’ priorities and boost sales.

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