Sue Youcef Nabi (born 13 February 1968) is an Algerian entrepreneur and innovator in the world of global beauty.[1] Nabi is the founder of vegan skincare line Orveda, which was launched in 2017. Nabi spent 20 years at L’Oreal, during which she held the titles of President for both Lancôme and L’Oréal.
Sue Youcef Nabi | |
|---|---|
| Born | 13 February 1968 |
| Occupation(s) | Entrepreneur, beauty industry authority |
| Known for | CEO of Coty Inc.; CEO and Founder of Orveda; Former President of L'Oreal and Lancome |
In July 2020 Sue was named CEO of the American multinational beauty company Coty Inc.
Nabi was named on Fortune's list of Most Powerful Women in 2023.[2]
Early life and education
editBorn to a father who was an engineer, politician and painter, and a French-teaching mother, Nabi grew up in Algeria. After completing an Engineering Degree at the École nationale du génie de l'eau et de l'environnement de Strasbourg (ENGEES), Nabi went on to graduate with an Advanced master's degree in Marketing Management, ESSEC Business School in 1991.
Career at L’Oréal
editIn 1993, Nabi entered L'Oreal as a Retail Sales Representative for Jacques Dessange Professional Hair Care in South-West France and was promoted to Mennen Brand Manager (Gemey-Maybelline) in 1994. Between 1996 and 2000, Nabi served as Group Manager/Marketing Director for Gemey-Maybelline, before being promoted to General Manager of L'Oreal France.
In 2005, Nabi became Worldwide President of L’Oréal Paris, and achieved various successes, gaining press coverage for growing the business and championing diversity in beauty.[3] Known for her individualistic and personal charisma,[4] she re-invented L’Oréal Paris’ advertising and brand equity through the “Because We’re Worth It” testimonials. Nabi also championed diversity of beauty through the introduction of marketing campaigns that featured, for the first time, Jane Fonda (at 68),[5] brunettes including Penélope Cruz and Eva Longoria, Asian celebrities including Chinese actress Gong Li as well as men - from both Hollywood and TV screens - including Lost’s Matthew Fox and Grey’s Anatomy’s Patrick Dempsey.
Nabi also oversaw a number of key product launches and successes, including the Casting Crème Gloss Hair Color and Total Repair 5 hair care line. Additionally, she was instrumental in the development of makeup innovations such as Glam Shine, the Color Riche Lip Colour Star Secrets line, and Telescopic and Double Extend mascaras.
In 2009, at the age of 41, Nabi became the Worldwide President of Lancôme, part of the L’Oreal Luxury Products division and a brand that was in decline.[6] During a 5-year presidency, Nabi oversaw the successful launch of many new Lancôme products,[7] most notably the perfume"La Vie est belle”,[8] advertised by Julia Roberts.[9]
Nabi’s credits during presidency also include re-inventing Lancôme’s advertising Image with photographer Mario Testino,[10] signing celebrities including Emma Watson,[11] Lily Collins, as well as the creation and launch of Visionnaire Serum, Génifique Light Pearl Eye Serum, Génifique Serum rel-aunch, Teint Miracle foundations, Hypnose mascaras and Absolue l’Extrait Super Premium Skincare.
In 2013, Nabi resigned from her position as president of Lancôme, and exited L’Oreal.[12]
2013 to Present
editIn the wake of resignation, Nabi moved from Paris to London, England. Inspired by Taoism and a personal health journey (one which included Naturopathy and Ayurveda), Nabi spent three years creating and developing Orveda, a skincare line co-founded with friend and business partner, Nicolas Vu.
In July 2020, she was appointed CEO of Coty, taking over from Peter Harf who remained as Chairman.
In 2023, Nabi's total compensation from Coty was $149.4 million, up 4,100% from the previous year and representing a CEO-to-median worker pay ratio of 3,769-to-1 for the company, as well as making Nabi the fifth highest paid CEO in the US that year.[13]
References
edit- ^ De La Horie, Marine. "Le bon génie de Lancôme". LePoint.fr. Le Point. Retrieved 22 December 2011.
- ^ "Most Powerful Women". Fortune.
- ^ "让美丽更强势". Modern Weekly. Modern Communication Modern Media Co., Ltd. Retrieved 19 January 2013.
- ^ Simona, Coppa. "Youcef Nabi: "La bellezza è libertà. E io ne so qualcosa"". Grazia.it. Grazia. Retrieved 7 June 2012.
- ^ "Age Re-Perfect : Jane Fonda devient l'ambassadrice de ce nouveau soin anti-âge de L'Oréal". Senioractu.com. SENIORACTU. Retrieved 19 April 2006.
- ^ Letessier, Ivan. "Les ingrédients du retour en forme de Lancôme". Le Figaro. Le Figaro. Retrieved 19 December 2012.
- ^ Sykes, Plum. "Petal Pushing: Is Lancôme's New Face Cream the Bloom of Youth?". Vogue.com. Conde Naste. Retrieved 11 June 2012.
- ^ Mann, Rebecca. "Lancôme stages spectacular launch of La Vie Est Belle women's fragrance". The Moodie Davitt Report. Moodie International. Retrieved 3 May 2012.
- ^ Pujol, Allison. "Lancôme : Le parfum La Vie est Belle très apprécié des Françaises". Closermag.fr. Closermag.fr. Retrieved 28 January 2014.
- ^ Jennifer, Weil. "Lancôme International's Youcef Nabi: The Year Ahead". WWD. Penske Media Corporation. Retrieved 29 January 2010.
- ^ "Youcef Nabi, Giám đốc toàn cầu của Lancôme, tiết lộ về vẻ đẹp thu hút nhất". Elle Vietnam. ELLE. Retrieved 17 March 2014.
- ^ Wendlandt, Astrid. "L'Oreal says president of Lancome resigns". Reuters. Reuters. Retrieved 7 June 2013.
- ^ Paradis, Tim (2024-06-18). "Here are the highest-paid CEOs in the US, some of whom have 9-figure compensation packages". Business Insider. Archived from the original on 2024-08-28. Retrieved 2024-08-31.