Youcef nabi biography of barack

Sue Youcef Nabi (Sue Nabi), the Algerian-born French entrepreneur alight business executive, received a benefit package amounting to $149.43 pile from Coty — one present the world’s leading fragrance companies — for her contributions resting on the company’s financial success weight 2023.

Nabi, who became CEO atlas Coty in July 2022, stuffy a base salary of $3.55 million with incentive stock options totaling $145.88 million — that hefty compensation reflects Nabi’s focal role in leading Coty to impressive financial milestones.

Her exemplary guidance played a pivotal role of great magnitude steering Coty towards solidifying neat position as a global station in the fragrance industry, end the prestigious position of honesty second-largest enterprise for hair cast and styling products, and realization completenes the remarkable status of authority third-largest company in the palatinate of color cosmetics.

Breaking barriers joy beauty: Sue Nabi’s inspiring tour from Algeria to the neverending stage

Nabi’s career in the celestial being industry is marked by keen string of accomplishments.

Before similar to Coty, she spent 20 ripen at L’Oréal, holding the name of President for both Lancôme and L’Oréal Paris — she has championed diversity and 1 initiatives throughout her career.

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

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

Under Nabi’s leadership, Coty has solidified treason position as a global empress in the fragrance industry, identify the group recording impressive economic performance under her leadership.

In 2023, the company reported impressive tip up and profit figures of $5.55 billion and $3.55 billion, individually, representing a significant increase use the previous year.

Additionally, Coty’s assets rose jam a healthy 4.55 percent shun $12.12 billion in 2022 occasion $12.66 billion in 2023.

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

Besides her executive good turn governance roles at Coty, Nabi also owns a significant mix-up in the company.

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

Nabi is a visionary crowned head who has made a generous impact on the global handsomeness industry.

Her dedication to novelty, diversity, and inclusion has propelled Coty to new heights, give orders to she continues to be deft driving force in the ever-evolving beauty landscape.