Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Avon Products    AVP

AVON PRODUCTS

(AVP)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Avon Products : New Avon Appoints Laurie Ann Goldman as CEO

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 04:50am EDT

New Avon LLC announced it has appointed Laurie Ann Goldman as chief executive officer, effective January 14, 2019.

Goldman succeeds Scott White, who joined Avon in 2016 to lead its separation from Avon Products, Inc. and the operational transformation of Avons business in North America.

Goldman, who joined Avons Board of Managers in August 2018, is a marketing and branding executive with more than 30 years of experience at leading consumer products companies. She was the chief executive officer of Spanx, a multinational womens apparel company, for 12 years, and was instrumental in building the brand from a small start-up to a successful global business. Earlier in her career, she held various senior leadership roles in the Global Marketing division of The Coca Cola Company.

Laurie Ann is an experienced and inspirational leader in womens lifestyle and consumer products, and we are thrilled to welcome her as our new CEO, said Lori Bush, chairwoman of the Avon Board of Managers. We believe Laurie Anns proven brand and business-building capabilities, along with her passion for empowering women, make her the ideal CEO to further promote the success of our Representatives and ensure outstanding experiences for their enhanced satisfaction for our customers.

The right product has the power to change a womans life, and each woman has the power to change the world, said Goldman. Im thrilled to join Avon, the company that invented social selling, and lead the team and community of beauty advisors in driving product sales and progress for women. I thank Scott for his many contributions and look forward to delivering sustained growth through strategic innovation that will invigorate the business and ultimately help women face their futures with confidence.

Chan Galbato, chief executive officer, Cerberus Operations and Advisory Company, LLC, and Member of the Avon Board of Managers, added, This transition is the result of our original long-term plan for reinvigorating Avonto improve the companys fundamental operations and then transition to focus on strategic growth. We are grateful for Scotts leadership during this critical stage of Avons development and are confident that the strong foundation he established will allow the company to thrive in the years to come. In addition to the separation and creation of an efficient corporate infrastructure, Scott drove key initiatives to fully digitize the business, establish strategic partnerships for manufacturing and R&D, and enhance our Representative experience. We are excited for Laurie Ann to now take the company forward and drive deeper customer engagement and sustained growth.

White will transition to a strategic advisor role and work with Cerberus Operations and Advisory Company, the proprietary operations platform of Cerberus Capital Management, L.P., Avons financial and strategic partner. In his role, he will continue to advise Avon and will also work on key initiatives across Cerberus portfolio of operating company investments.

I would like to thank the entire Avon community, including our Representatives, associates and customers, for their ongoing dedication and belief in our iconic brand, great products and the opportunities we provide to women throughout North America, said White. I am confident in Avons future and believe that with Laurie Anns leadership, the company will be able to drive modern, relevant experiences for our customers while creating sustainable long-term growth. I look forward to continuing to work with the Avon team, as well as Cerberus other portfolio companies, in my strategic advisor role.

(c) Palestine News Network, 2003 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AVON PRODUCTS
02:06pLaw Offices of Howard G. Smith Announces the Filing of a Securities Class Act..
BU
03/22AVON PRODUCTS : Brazil's Natura and Avon confirm deal talks
RE
03/22AVON PRODUCTS : Comments in Response to Natura Announcement
PR
03/22AVON PRODUCTS : Lifshitz & Miller LLP Announces Investigation of 22nd Century Gr..
PR
03/22GLANCY PRONGAY & MURRAY LLP : Announces Investigation on Behalf of Avon Products..
BU
03/22AVON PRODUCTS : and the British Beauty Council team up to harness the power of b..
PR
03/21Law Offices of Howard G. Smith Announces Investigation on Behalf of Avon Prod..
BU
03/19AVON PRODUCTS INC : Financial Statements and Exhibits (form 8-K)
AQ
03/16BRISTOW : FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf o..
AQ
03/13ROBBINS GELLER RUDMAN & DOWD LLP : Updates Investors Regarding Class Action Suit..
BU
More news
Financials ($)
Sales 2019 5 158 M
EBIT 2019 235 M
Net income 2019 45,7 M
Debt 2019 970 M
Yield 2019 -
P/E ratio 2019 33,26
P/E ratio 2020 18,43
EV / Sales 2019 0,45x
EV / Sales 2020 0,40x
Capitalization 1 354 M
Chart AVON PRODUCTS
Duration : Period :
Avon Products Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AVON PRODUCTS
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 2,71 $
Spread / Average Target -11%
EPS Revisions
Managers
NameTitle
Jan Zijderveld Chief Executive Officer & Director
Miguel Fernandez Global President & Executive Vice President
Chan W. Galbato Non-Executive Chairman
Jonathan Myers Chief Operating Officer & Executive Vice President
James Simpson Wilson Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
AVON PRODUCTS101.32%1 354
PROCTER & GAMBLE COMPANY10.60%254 311
UNILEVER NV (ADR)6.80%166 440
UNILEVER (NL)7.72%166 249
UNILEVER5.38%166 249
RECKITT BENCKISER6.57%59 920