NEW YORK, Dec. 18, 2013 /PRNewswire/ -- Avon Products, Inc.
(NYSE: AVP) today announced that its Board of Directors has elected
Sara Mathew to the Board, effective
January 1, 2014. Ms. Mathew's
election increases Avon's Board to
11 Directors.
Ms. Mathew, age 58, retired this year from her position as
Chairman and Chief Executive Officer of The Dun & Bradstreet
Corporation, where she led a transformation of that company from a
data provider to an innovative digital enterprise. She will
continue to serve as an advisor to that company through the end of
2013, to assist with a smooth transition to the new
leadership.
"Sara brings to Avon a wealth
of experience ranging from business-to-business digital to the
consumer products industry," said Doug
Conant, Chairman of Avon's
Board of Directors. "She has been recognized and celebrated
for her transformational leadership and her financial and
technological expertise, and will contribute greatly to
Avon."
"I look forward to joining the Avon Board, an iconic global company in the
midst of a transformation," said Ms. Mathew. "I believe that
the company has the right leadership and strategies in place and I
am excited about bringing my experience to the team."
"I'm pleased that Sara is joining the Avon Board," said Sheri McCoy, Avon's Chief Executive Officer. "Her
business acumen and leadership experience will be critical as we
move Avon forward."
Ms. Mathew joined Dun & Bradstreet in 2001 as Senior Vice
President and Chief Financial Officer. In 2005, she assumed
the additional role of Head of Strategy and in January 2006 she assumed the additional role of
President of the International division. In 2007, she was
named President and Chief Operating Officer, and in 2010 she was
named Chairman and CEO.
Prior to Dun & Bradstreet, Ms. Mathew spent nearly 20 years
with The Procter & Gamble Company, where she rose through a
series of successive positions in both finance and marketing,
ultimately serving in the roles of CFO of the Baby Care and Paper
Products businesses, and Vice President of Finance in Asia.
Ms. Mathew holds a Bachelor of Science Degree in physics,
mathematics and chemistry from the University of Madras, in
India, and a Masters in Business
Administration from Xavier University. She is also a member
of the Zurich International Advisory Council and a director of
Campbell Soup Company and Freddie Mac.
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.