Avon Announces General Counsel Kim Rucker Leaving To Join Kraft Foods North America
NEW YORK, July 19, 2012 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) today announced that Kim Rucker, Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer, will be leaving Avon to become Executive Vice President, Corporate and Legal Affairs at Kraft Foods North America. In addition, she will become General Counsel and Corporate Secretary for Kraft Foods Group, Inc. and a member of the Management Team when the company is spun off later this year.
Sheri McCoy, Avon's Chief Executive Officer, said, "Kim has built and led a global legal organization that provides strategic legal counsel in partnership with our business leaders around the world. We thank Kim for her leadership, commitment and many important contributions to Avon. We wish her the best in her new role at Kraft as she and her family return to her hometown of Chicago."
Avon will initiate an external search for a new General Counsel. Ms. McCoy and Ms. Rucker are working together on an interim transition plan for leadership of the company's global legal organization until a successor is named.
Ms. Rucker joined Avon in 2008, and will remain with the company until August 17, 2012.
Avon, the company for women, is a leading global beauty company, with over $11 billion in annual revenue. As the world's largest direct seller, Avon markets to women in more than 100 countries through approximately 6.4 million active independent Avon Sales Representatives. Avon's product line includes beauty products, as well as fashion and home products, and features such well-recognized brand names as Avon Color, ANEW, Skin-So-Soft, Advance Techniques, Avon Naturals, and mark. Learn more about Avon and its products at www.avoncompany.com.
SOURCE Avon Products, Inc.