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Avon Names New CEO

Sheri McCoy of J&J will take post on April 23.

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By: TOM BRANNA

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Avon Products, Inc. has appointed Sherilyn S. (Sheri) McCoy as chief executive officer. McCoy will join Avon effective April 23, 2012, and will also serve as a director on the company's board. As previously announced, Andrea Jung, currently Avon's chairman and CEO, will continue to serve the company as executive chairman once McCoy assumes the CEO position. McCoy, who is 53, assumes leadership of Avon following a 30-year career at Johnson & Johnson, where she rose to becom...

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