LONDON, Oct. 31, 2018 /PRNewswire/ -- Avon Products,
Inc. (NYSE: AVP) ("the Company") a globally recognised leader in
direct selling of beauty and related products, today announced the
appointment of Jorge Leonardo Palomera
Ruiz as General Manager, Central
America and Dominican
Republic ("CARD"), effective November
5, 2018. Leonardo succeeds Carlos
Maceda, who is leaving the Company to pursue other
interests. Leonardo will report to Magdalena Ferreira-Lamas, Group Vice President
and General Manager, North Latin
America.
Leonardo brings 25 years of management experience in
international organisations, including significant direct selling
expertise and deep knowledge of the beauty industry. Most recently,
he served as Managing Director of Chile and Peru for Swedish direct selling beauty company
Oriflame. In this role, he delivered sustained growth over
successive years and also spearheaded a successful reorganisation
of the Chilean business, including a brand refresh and operating
structure review. He has previously served in leadership roles at a
variety of global consumer goods companies including Alberto Culver (Unilever Group), American
Greetings, Beiersdorf, and Kellogg's.
"We are delighted to welcome a proven leader with Leonardo's
expertise and particular geographical and industry insight to this
role," said Magdalena. "He brings a strong track record and deep
knowledge of the direct selling space and the CARD markets, making
him ideally suited to drive growth for Avon. We look forward to Leonardo joining our
team as we work to improve performance and better capture the
significant opportunities in Central
America."
"I look forward to leveraging my deep understanding of the
Central American markets, as well as my commercial, financial and
operational expertise to ensure Avon's CARD markets contribute to its
transformation," said Leonardo. "I recognise and appreciate the
power of Avon's renewed commitment
to Her as central to its future success, and am eager to hit the
ground running in this important territory."
About Avon Products, Inc.
Avon is the Company that for 130 years has
proudly stood for beauty, innovation, optimism and, above all, for
women. Avon products include
well-recognised and beloved brands such as ANEW, Avon Color, Avon
Care, Skin-So-Soft, and Advance Techniques sold through
approximately 6 million active independent Avon Sales
Representatives. Learn more about Avon and its products at
www.avoncompany.com.
Forward-Looking Statements
This press release contains "forward-looking statements" that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, including statements
relating to the Company's ability to improve performance and drive
growth in its Central America and
Dominican Republic
businesses. Because forward-looking statements inherently
involve risks and uncertainties, actual future results may differ
materially from those expressed or implied by such forward-looking
statements. These risks and uncertainties include, but are
not limited to, the possibility of business disruption, competitive
uncertainties, and general economic and business conditions in
Avon's markets as well as the
other risks detailed in Avon's
filings with the Securities and Exchange Commission. Avon undertakes no obligation to update any
statements in this press release for changes that happen after the
date of this release.