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Hassan will take over as non-executive chairman.
October 5, 2012
By: TOM BRANNA
Editor
Avon Products, Inc. reported that Andrea Jung as Executive Chairman of the Board and Board member, effective Dec. 31, 2012 after transition to new leadership under CEO Sheri McCoy.Jung will continue as a senior advisor to the Board beginning on Jan. 1, 2013. Fred Hassan, currently lead independent director, will succeed Jung next year and assume the position of non-executive chairman on Jan. 1. Hassan is a managing director and partner at Warburg Pincus and the former chairman and CEOf ...
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