
U.S. beauty products company Avon said Monday it had hired Sherilyn McCoy from Johnson & Johnson to replace Andrea Jung as its chief executive officer. McCoy, 53, has worked at Johnson & Johnson for 30 years, most recently as vice chairman of the company's Pharmaceutical, Consumer, Corporate Office of Science & Technology, and Information Technology Divisions. Essentially, she had oversight of more than 60 percent of Johnson & Johnson's $65 billion in revenues, Avon said in a statement. Jung, as previously announced, is dropping her CEO responsibilities but staying with Avon as its executive chairman. "We are thrilled to have someone of Sheri's caliber assuming the leadership of Avon. She is also known for her ability to identify and empower great talent and motivate and inspire people," Jung said. Along with a sales force of "over 6 million," McCoy said, Avon has "an enviable geographic footprint." She said she was "extremely honored and excited to join Avon -- a great company with an iconic brand and so much clear potential. "
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor