The entrepreneur due to take the position of CEO at Kylie Jenner Cosmetics has quit just six months taking the role, it has been reported.
According to Coty, Christopher Honnefelder has stepped down from the position before he even started work. Multinational beauty company Coty completed a $600million partnership with Jenner on January 6 with Honnefeler announced as the CEO.
However, today Coty revealed that Honnefelder had quit over 'personal reasons.' In a statement they announced that Simona Cattaneo, President Luxury Brands would oversee the new venture instead. "[Cattaneo] assumes these responsibilities from Christoph Honnefelder, who announced to the senior team internally a number of weeks ago that he would not be assuming the
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