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current news

Avon Names New C.F.O.

(Filed Under Financial and General Interest News). Avon Products, Inc. has named Kimberly A. Ross Executive Vice President and Chief Financial Officer, reporting to Avon’s Chairman and Chief Executive Officer Andrea Jung.

Ross, age 46, is expected to join Avon in fall 2011, following a required notice period during which she will continue to serve as Executive Vice President and C.F.O. of Royal Ahold N.V., a Netherlands-based international supermarket operator. Ross joined Royal Ahold in 2001 and was named C.F.O. in 2007.

"We are very pleased to have attracted an experienced international financial executive of Kimberly’s caliber," Jung said in a statement. "Her depth of expertise across all areas of finance, her capabilities as a strategic business partner, and her broad experience in developed and emerging markets will be significant assets as we continue to advance on our path to sustainable profitable growth."

Avon Products, Inc. is a global company with an annual revenue of over $10 billion. Best known for its women’s beauty products, Avon also sells intimate apparel and fashion products.

more Financial and General Interest News >>

Published 05-25-2011 by Katherine Rautenberg

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Avon Names New C.F.O.

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