NEW YORK, Aug. 29, 2013 /PRNewswire/ -- Avon Products,
Inc. (NYSE: AVP) announced today the appointment of Brian Salsberg as Senior Vice President, Global
Strategy, effective September 23,
2013. Mr. Salsberg will report to Sheri McCoy, Avon's Chief Executive Officer, and will join
the company's Executive Committee.
Mr. Salsberg will be responsible for helping to define and
develop the global strategic growth plan for the company. In this
role, Mr. Salsberg will work in close partnership with Ms. McCoy
and the senior leadership team to build the company's capabilities
across strategy, market stabilization, innovation and growth. He
will also work with the Executive Committee to expand the company's
capabilities on key issues, including the business model of the
future and optimal geographic
footprint.
"As we continue our work of turning Avon around, Brian will play a key role in
helping to optimize our growth strategy," said Ms. McCoy. "Brian's
experience developing and leading innovation strategies with
blue-chip global consumer companies in Asia and around the world will make him a
great asset, and I am pleased to welcome him to the team."
Mr. Salsberg, 40, joins Avon
from McKinsey & Company, Inc., where he was a Partner and most
recently served as a co-leader of the firm's consumer and retail
practice in Asia. In that role, he
advised Asia-based multinational
corporations as well as international companies with Asia central to their strategy. Prior to
his Asia assignment, Mr. Salsberg
was a McKinsey Partner in
North America, where he worked
with a number of top consumer companies. Mr. Salsberg was an
Associate at Cravath, Swaine & Moore LLP, the New York-based law firm, before he joined
McKinsey.
Mr. Salsberg graduated magna cum laude with a Bachelor of Arts
degree from Cornell University and
received his Juris Doctor magna cum laude from Harvard Law School.
About Avon
Avon, the company for women, is a
leading global beauty company, with nearly $11 billion in annual revenue. As one of the
world's largest direct sellers, Avon is sold through more than 6 million
active independent Avon Sales Representatives. Avon products are available in over 100
countries, and the product line includes color cosmetics, skincare,
fragrance, fashion and home products, featuring such
well-recognized brand names as Avon Color, ANEW, Skin-So-Soft,
Advance Techniques, and mark. Learn more about Avon and its products at
www.avoncompany.com.
SOURCE Avon Products, Inc.