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Avon Names New CFO

Posted: May 23, 2011

Avon Products, Inc. named Kimberly A. Ross as executive vice president and CFO, reporting to Andrea Jung, Avon's chairman and CEO. Ross is expected to join Avon in the fall following a required notice period. At Avon, she will succeed Charles Cramb who, as previously announced in February, continues to serve as interim CFO in addition to his role as vice chairman of Avon's developed market group.

"We are very pleased to have attracted an experienced international financial executive of Kimberly's caliber," said Jung. "Her depth of expertise across all areas of finance, her capabilities as a strategic business partner, and her broad experience in developed and emerging markets will be significant assets as we continue to advance on our path to sustainable profitable growth."

Previously, Ross has worked for companies including Royal Ahold, Ernst & Young Global Limited, Joseph E. Seagram & Sons Inc. and Anchor Glass Container Corporation. She earned her bachelor's degree in accounting from the University of South Florida.