We use first party and third-party Cookies to help us understand Website usage and to improve the content and offerings and to provide you advertising, analytics and other purposes related to your navigation habits. If you continue scrolling, we consider you accept the policy. You can read more about our cookie policy.

The global fashion business journal

Feb 23, 20202:23am

Coty appoints former Mars exec as chief procurement officer

Pascal Baltussen will assume his position on January 1 and will report directly to Coty’s CEO Pierre Laubies. Last November the cosmetics company appointed Richard Jones, former Kering as global chief supply officer.

Dec 11, 2019 — 7:01pm

Coty appoints former Mars exec as chief procurement officer



Coty continues to strengthen its supply chain team. The cosmetics giant has appointed Pascal Baltussen, former Mars, as the company’s new chief procurement officer, Coty said in a statement.


Baltussen will be based in Amsterdan and will report directly to Pierre Laubies, chief executive officer of Coty. With more than twenty years of experience, Baltaussen has worked in the United States, China, United Kingdom and Belgium. He has spent the last nine years at Mars, where he has previously worked as global vice president, procurement and sustainability.





Baltussen will lead Coty’s procurement team with a strong focus on “reducing complexity and costs in order to unlock opportunities for reinvestment and profit expansion,” stated the company in a press release.


His signing comes after the incorporation of Richard Jones last November as new global chief supply officer. The company failed to merge the forty brands it bought from Procter&Gamble in 2016, which caused disruptions in its supply chain in Europe and the United States.


In the first nine months of its fiscal year the company shrunk its revenue by 7.7%. The American cosmetic company ended the first quarter of its fiscal year with losses of 12.1 million dollars, results that Coty attributed to its supply chain problems.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment