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McCoy to depart in early 2018.
August 3, 2017
By: TOM BRANNA
Editor
In the end, investors lost faith with Sheri McCoy. Midway through a three-year turnaround plan, Avon announced that CEO McCoy would step down on March 1, 2018. She joined the company in 2012. In other news, Avon posted results for the quarter ended June 30, 2017. Sales decreased 3% to $1.4 billion. Active representatives declined 3% with drops in all segments. “Leading Avon for the past five years alongside Avon's dedicated management, associates and representatives has been a...
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