Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Charles Cramb Out at Avon - Beauty Packaging

What are you searching for?

Sign in
Beauty Industry

Charles Cramb Out at Avon

Former CFO departs in connection with SEC investigation

Author Image

By: Jamie Matusow

Editor-in-Chief

Charles Cramb, former CFO of cosmetics direct seller giant Avon Products Inc, has reportedly been fired from the company in conjunction with a regulatory investigation by the U.S. Securities and Exchange Commission (SEC).


The SEC probe into Avon was elicited by reports that last year Cramb shared confidential information with a Citigroup analyst about a bribery investigation in China. Activities in other areas of the world are also being scrutinized.

Cramb served as CFO since 2005, and became interim CFO early last year. He was also the vice chairman of the company’s developed market group.

Last month, the company announced that it planned to find a replacement for corporate CEO Andrea Jung.

The company separated the roles of chairman and chief executive officer. Jung, who currently held both titles, left her post as CEO, which she has held since 1999, and retains the position of executive chairman. A new CEO has not yet been named.

Add us as a preferred source on Google

Get the latest Beauty Packaging news, insights and analysis in your Google Search and AI experiences.

Add Beauty Packaging as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Beauty Packaging Newsletters