On Monday, Shares of Coty Inc (NYSE:COTY), added 1.23% and closed at $23.79 in the last trading session. The last trading range of the stock ranges between $23.41 and $24.02. Coty Inc. (COTY) declared recently that it has accomplished the merger of The Procter & Gamble Company’s fine fragrance, color cosmetics, salon professional and hair color and certain styling businesses (“P&G Specialty Beauty Business”) into Coty. Coty is now the third-leading beauty company in the world, with about $9 billion in revenue. As a combined company, Coty will also hold the number one position in fragrances, and number two and three positions in salon hair and color cosmetics, respectively.
As formerly declared, following the completion of the merger, Camillo Pane became the new Chief Executive Officer of Coty. Commenting, Pane said, “It is my great privilege to take over the reins of leadership at such a transformational moment. Recently marks a new chapter in Coty’s rich heritage. With this merger, we have brought together a powerful portfolio of much loved beauty brands and some of the world’s most talented people in beauty and consumer goods. I believe this combination, together with our distinctive entrepreneurial culture, focused and lean operating structure, and efficient earnings model, will facilitate Coty to be a challenger in the beauty industry. We aim to relentlessly pursue superior products and solutions, build brands that inspire and facilitate consumers to celebrate and liberate their own individual beauty.”
Bart Becht, Chairman of Coty’s Board of Directors, said, “Coty is now better positioned as we aim to become, over time, a global industry leader by being a clear challenger in beauty, delighting our consumers and creating long term shareholder value. I am confident that we now have a much improved team, structure and culture to make the vision of this merger a reality. I look forward to continuing to work with the new leadership team in my role as Chairman to drive Coty to in-market success and profitable growth.”
Fifth Third Bancorp (NASDAQ:FITB), DROPPED -0.54% and closed at $20.35 in the last trading session. The last trading range of the stock ranges between $20.27 and $20.61. The company’s Market capitalization is $15.77 Billion with the total Outstanding Shares of 766.37 Million. As Fifth Third Bank’s Chief Administrative Officer, she mentored several women. She was passionate that women executives have the responsibility to assist other women develop the skills they need to rise, too. And she knew that if more women had the right levels of executive sponsorship, access to development and coaching designed for them, this could change.
So a little more than a year ago Tanner worked with an outside firm and her team to start Women in Leadership, an internal experience-based program that assists female leaders have more impact and accelerate their careers. The women would work together to network, in addition to work with coaches and mentors.
The Women in Leadership class is one of the reasons Tanner was named to the Women to Watch List as part of American Banker’s Most Powerful Women in Banking awards for 2016. The award puts her in the company of bank presidents and chief operating officers from both large and regional banks. American Banker highlighted Teresa’s innovation in reinventing the Bank’s benefits offerings, her work within the community, and her role in recruiting and developing talent.
Tanner has a long history of community involvement and impact. Her current commitments include serving as vice-chair of the Ronald McDonald House Charities and vice-chair of the ArtsWave Board of Trustees. She also serves on the Board of the FreeStore Foodbank and is active with the Women’s Leadership Council of the United Way.
“We deeply admire Teresa for many reasons, counting not only her passion for banking, her professionalism and deep dedication to the Fifth Third employees, but also her commitment to the communities we serve,” Fifth Third President and CEO Greg Carmichael said.
Tanner believes that Fifth Third executives should lead with courage – encouraging employees to take on strong roles, no matter their jobs.
Jamie Leonard, the Bank’s treasurer, said Tanner has been a noteworthyforce in driving Fifth Third to be one of the top performing banks in the industry and a top workplace as proven by the Bank’s third Gallup Great Workplace Award during her tenure.
Kroger Co (NYSE:KR), LOST -1.35% and closed at $29.28 in the last trading session. The last trading range of the stock ranges between $29.25 and $29.69. During the 52-week trading session the minimum price at which share price traded, registered at $29.25 and reached to max level of $42.75. The Kroger Co. (KR) recently launched its annual #SharingCourage campaign, lighting its headquarters building pink and encouraging customers to join in the fight against breast cancer by taking action online and in their communities.
“No one should face breast cancer alone, so Kroger is proud to be a partner in the fight and to share the stories of our courageous associates who are breast cancer survivors,” said Jessica Adelman, Kroger’s group vice president of corporate affairs.
Every day, the Kroger Family of Companies makes a difference in the lives of eight and a half million customers and 431,000 associates who shop or serve in 2,781 retail food stores under various local banner names in 35 states and the District of Columbia. Kroger and its auxiliaries operate an expanding ClickList offering – a personalized, order online, pick up at the store service – in addition to 2,240 pharmacies, 785 convenience stores, 323 fine jewelry stores, 1,423 supermarket fuel centers and 38 food production plants in the United States. Kroger is recognized as one of America’s most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations counting schools. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable.