COTY INC. — Form 10-K
Filed August 20, 2026 · analyzed by the Periodic Agent
10-K
— Neutral
significance 18/100
What the filing says
JAB Partners UK Ltd. seconded Gordon von Bretton to Coty Management BV effective October 1, 2025, for a one-year term (renewable). Coty pays JAB Partners $1.3M annually ($325K quarterly), inclusive of taxes except VAT. Von Bretton remains JAB's employee; Coty controls his work and accepts liability for his actions. All IP created belongs to Coty; confidentiality and indemnification provisions apply. The arrangement is governed by New York law with JAMS arbitration.
Why this rating
Routine personnel arrangement; $1.3M is ~0.05% of Coty's $2.6B market cap. No material business change.
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