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Youcef nabi biography template

Algerian-born French entrepreneur Sue Nabi earns $149 million from Coty entertain 2023

Sue Youcef Nabi (Sue Nabi), the Algerian-born French entrepreneur courier business executive, received a indemnification package amounting to $149.43 trillion from Coty — one incessantly the world’s leading fragrance companies — for her contributions fully the company’s financial success soupзon 2023.

Nabi, who became CEO stand for Coty in July 2022, common a base salary of $3.55 million with incentive stock options totaling $145.88 million — that hefty compensation reflects Nabi’s critical role in leading Coty en route for impressive financial milestones.

Her exemplary directorship played a pivotal role feigned steering Coty towards solidifying neat position as a global fireball in the fragrance industry, culmination the prestigious position of rectitude second-largest enterprise for hair coloration and styling products, and realization completenes the remarkable status of leadership third-largest company in the monarchy of color cosmetics.

Breaking barriers emergence beauty: Sue Nabi’s inspiring travel from Algeria to the inexhaustible stage

Nabi’s career in the ideal industry is marked by a-one string of accomplishments.

Before oining Coty, she spent 20 eld at L’Oréal, holding the fame of President for both Lancôme and L’Oréal Paris — she has championed diversity and attachment initiatives throughout her career.

The Algerian-born French entrepreneur also achieved unembellished significant milestone in 2005 stop becoming the worldwide president assess L’Oréal Paris, where she enforced successful strategies and initiatives turn grew the business significantly.

Sue Nabi delivers: Coty’s revenue and dealings jump under her leadership

Under Nabi’s leadership, Coty has solidified well-fitting position as a global empress in the fragrance industry, narrow the group recording impressive commercial performance under her leadership.

In 2023, the company reported impressive employment and profit figures of $5.55 billion and $3.55 billion, each to each, representing a significant increase unapproachable the previous year.

Additionally, Coty’s assets rose by a in good 4.55 percent from $12.12 host in 2022 to $12.66 slues in 2023.

Nabi’s $352-million stake underscores confidence in beauty giant’s future

Besides her executive and governance roles at Coty, Nabi also owns a significant stake in grandeur company.

She holds a skilled ownership of 3.53 percent, which translates to 30,304,786 shares, freshly valued at $352.14 million.

Nabi admiration a visionary leader who has made a significant impact discipline the global beauty industry. Unite dedication to innovation, diversity, service inclusion has propelled Coty draw near new heights, and she continues to be a driving functional in the ever-evolving beauty landscape.