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Beauty Industry

Avon Elects New Board Member

Avon has elected Cathy D. Ross to its Board of Directors.

Avon Products, Inc. has announced that the company has elected Cathy D. Ross to its Board of Directors, effective March 24, 2016. Ross will serve on the Audit Committee and will stand for election at the Company’s 2016 Annual Meeting of Shareholders.

Prior, Ross served as Executive Vice President and Chief Financial Officer of FedEx Express, FedEx Corporation’s largest global operating unit, which accounted for over half of the company’s $47 billion in annual revenues. Before joining FedEx in 1998, Ross held roles of increasing responsibility at Kimberly-Clark Corporation and Buckeye Cellulose, then a subsidiary of The Procter & Gamble Company.

Chan W. Galbato, non-executive Chairman of the Board said, “Following a thorough search process, we are thrilled to welcome someone of Cathy’s caliber to Avon’s Board. Cathy possesses a high degree of financial expertise as well as global operating experience that we believe will be tremendous assets as the Company grows its business in markets around the world.”

Sheri McCoy, Avon’s Chief Executive Officer, aded, “I’m extremely pleased to have Cathy join the Avon Board and know that she will be a valuable addition. Her strong leadership, finance and operational experience will allow her to make immediate contributions as we continue to execute the Company’s transformation plan.”

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