ERHARD SCHOEWEL - Corporate Board Profile

COTY INC.

Filing Date	Source Excerpt
2014-10-06	Erhard Schoewel joined the Board of Directors of Coty Inc. in 2006. ... The members of the RNC are Messrs. Harf (Chair), Becht and Erhard Schoewel. ... The members of the ECC are Messrs. Schoewel (Chair) and Faber. ... The following table sets forth compensation information for our non-employee directors in fiscal 2014. ... Erhard Schoewel Fees Earned or Paid in Cash: $100,000, Stock Awards: $157,300, Total: $257,300.
2015-09-22	Erhard Schoewel joined the Board of Directors of Coty Inc. in 2006. From 1999 to 2006, he was Executive Vice President responsible for Europe at Reckitt Benckiser PLC. From 1979 to 1999 he held positions of increasing responsibilities at Benckiser. Prior to that, he worked for PWA Waldhof. In 2012, Mr. Schoewel was elected to the Supervisory Board of the Jahr Holding GmbH & Co. KG in Hamburg, Germany. He was Chairman of Birdseye Iglo Ltd London and a director of Phorms SE Berlin. Mr. Schoewel received a Diplom-Kaufmann degree from University of Pforzheim. We believe Mr. Schoewel is well qualified to serve as a member of our Board. Mr. Schoewel has many years of experience in the consumer products industry, including executive, operating and international business experience and experience as a member of the board of directors of other companies, and we believe these experiences will be critical to his ability to identify, understand and address challenges and opportunities that we will face. Annual Cash Compensation for Board Service Each non-employee director except the Chairman of our Board ("Chairman") and the Chair of the AFC ("AFC Chair") is entitled to receive a cash retainer fee of $100,000 annually, payable in November. The Chairman is entitled to receive a cash retainer fee of $400,000 annually and the AFC Chair is entitled to receive a cash retainer fee of $130,000 annually. Mr. Becht served as Chairman in fiscal 2015 and Mr. Singer served as AFC Chair in fiscal 2015. Annual Restricted Stock Unit Grant Each non-employee director except the Chairman is entitled to receive an annual grant of 10,000 RSUs under the 2007 Stock Plan for Directors. The Chairman is entitled to receive an annual grant of 30,000 RSUs. Each RSU vests on the fifth anniversary of the grant date, subject to acceleration upon termination of service due to retirement, death or disability or upon a change in control, and represents the right to receive one share of Class A Common Stock following vesting. Non-Employee Directors The following table sets forth compensation information for our non-employee directors in fiscal 2015. Mr. Becht remains a non-employee director, although he has also been serving as the interim CEO since September 2014. He will continue to be compensated as a non-employee director during his service as interim CEO.
2016-09-22	Erhard Schoewel joined the Board in 2006. From 1999 to 2006, he was Executive Vice President responsible for Europe at Reckitt Benckiser plc. From 1979 to 1999, he held positions of increasing responsibilities at Benckiser. Prior to that, he worked for PWA Waldhof. In 2012, Mr. Schoewel was elected to the Supervisory Board of the Jahr Holding GmbH & Co. KG in Hamburg, Germany. From 2007 to 2015, he was Chairman of Birdseye Iglo Ltd London and a director of Phorms SE Berlin. Mr. Schoewel received a Diplom-Kaufmann degree from University of Pforzheim. We believe Mr. Schoewel is well qualified to serve as a member of our Board. Mr. Schoewel has many years of experience in the consumer products industry, including executive, operating and international business experience and experience as a member of the board of directors of other companies, and we believe these experiences are critical to his ability to identify, understand and address challenges and opportunities that we face. Annual Cash Compensation for Board Service Each non-employee director except the Chairman of our Board ("Chairman") and the Chair of the AFC ("AFC Chair") is entitled to receive a cash retainer fee of $100,000 annually, payable in November. The Chairman is entitled to receive a cash retainer fee of $400,000 annually and the AFC Chair is entitled to receive a cash retainer fee of $130,000 annually. Mr. Becht served as Chairman in fiscal 2016 and Mr. Singer served as AFC Chair in fiscal 2016. The following table sets forth compensation information for our non-employee directors in fiscal 2016. Erhard Schoewel 100,000 281,200 381,200
2017-09-28	Erhard Schoewel joined the Board in 2006. ... The RNC members are Paul S. Michaels and Erhard Schoewel (Chair). ... Erhard Schoewel Fees Earned or Paid in Cash: $100,000, Stock Awards: $179,000, Option Awards: None, Total: $279,000.
2019-09-25	Erhard Schoewel joined the Board in 2006, and has served as the Lead Independent Director since November 2018. He also serves as the Chair of the Remuneration and Nomination Committee. Erhard Schoewel compensation: $317,100.
2020-09-24	Erhard Schoewel joined the Board in 2006, and has served as the Lead Independent Director from November 2018 to May 31, 2020. He also served as the Chair of the Remuneration and Nomination Committee until May 31, 2020. ... The following table sets forth compensation information for our non-employee directors in fiscal year 2020. ... Erhard Schoewel 160,000 Fees Earned or Paid in Cash, 119,100 Stock Awards, Total 279,100.
2021-09-23	Erhard Schoewel joined the Board in 2006, and has served as the Lead Independent Director from November 2018 to May 31, 2020... The members of the AFC are Isabelle Parize, Erhard Schoewel and Robert Singer (Chair)... The members of the RNC are Maria Asuncion Aramburuzabala Larregui, Beatrice Ballini (Chair), Johannes Huth, and Erhard Schoewel... The following table sets forth compensation information for our non-employee directors in fiscal year 2021... Erhard Schoewel: Fees Earned or Paid in Cash: $75,000, Stock Awards: $119,750, Total: $194,750.
2022-09-22	Erhard Schoewel joined the Board in 2006... The RNC has determined that Mr. Schoewel satisfy the independence criteria for RNC members... The following table sets forth compensation information for our non-employee directors in fiscal year 2022. Erhard Schoewel received $100,000 in cash and $274,000 in stock awards, totaling $374,000.