Avon announces Jan Zijderveld's departure as the company opens a new chapter in its history
AVON PRODUCTS (AVP)
Last avon products earnings: 10/31 06:45 am
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Source: PR Newswire
LONDON, Jan. 3, 2020 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) ("Avon") announces that Jan Zijderveld will step down as Chief Executive Officer concurrent with the pending closing of the sale of the company to Natura &Co Holding S.A. (B3: NTCO3), as Avon embarks upon the next chapter in its 130-year history, joining the Natura &Co family of companies.Mr. Zijderveld's departure is effective immediately upon closing, which is scheduled to occur later today, January 3, 2020, and he will hand over leadership to Natura &Co Executive Chairman Roberto Marques and the leadership team that will be announced soon after the closing of Natura &Co's acquisition of Avon, which was announced on May 22, 2019.In his nearly two years at Avon's helm, Mr. Zijderveld has been instrumental in turning around the company through its Open Up strategy, which aims at making Avon the digital social selling beauty company by rebuilding the fundamentals and modernizing its model. This started with strengthen
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