Wednesday, August 1, 2012
Having amused ourselves so long at his expense we are truly sad to report that lemony-scented Coty CEO Bernd “Zeitgeist in a Bottle” Beetz is stepping down.
While that means an end to the $1,632,600 salary and probably most of his perqs, BB will remain on Coty’s board of directors. In his newly found free time, he intends to write a book. We promise FN readers we’ll do whatever it takes to post a photo of us having our copy signed by the author.
In the meantime, we’ve got to find a new source of mockery. BB’s replacement, Coty Prestige President Michele Scannavini, doesn’t look promising. What can you say about a guy named Michele? [Wait! His name is Michele? Mockeryville, here we come!—Ed.]