Avon Appoints Brian Salsberg as Senior Vice President, Global Strategy

NEW YORK, Aug. 29, 2013 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) announced today the appointment of Brian Salsberg as Senior Vice President, Global Strategy, effective September 23, 2013. Mr. Salsberg will report to Sheri McCoy, Avon's Chief Executive Officer, and will join the company's Executive Committee.

Mr. Salsberg will be responsible for helping to define and develop the global strategic growth plan for the company. In this role, Mr. Salsberg will work in close partnership with Ms. McCoy and the senior leadership team to build the company's capabilities across strategy, market stabilization, innovation and growth. He will also work with the Executive Committee to expand the company's capabilities on key issues, including the business model of the future and optimal geographic footprint.    

"As we continue our work of turning Avon around, Brian will play a key role in helping to optimize our growth strategy," said Ms. McCoy. "Brian's experience developing and leading innovation strategies with blue-chip global consumer companies in Asia and around the world will make him a great asset, and I am pleased to welcome him to the team."

Mr. Salsberg, 40, joins Avon from McKinsey & Company, Inc., where he was a Partner and most recently served as a co-leader of the firm's consumer and retail practice in Asia. In that role, he advised Asia-based multinational corporations as well as international companies with Asia central to their strategy. Prior to his Asia assignment, Mr. Salsberg was a McKinsey Partner in North America, where he worked with a number of top consumer companies. Mr. Salsberg was an Associate at Cravath, Swaine & Moore LLP, the New York-based law firm, before he joined McKinsey.

Mr. Salsberg graduated magna cum laude with a Bachelor of Arts degree from Cornell University and received his Juris Doctor magna cum laude from Harvard Law School

About Avon
Avon, the company for women, is a leading global beauty company, with nearly $11 billion in annual revenue. As one of the world's largest direct sellers, Avon is sold through more than 6 million active independent Avon Sales Representatives. Avon products are available in over 100 countries, and the product line includes color cosmetics, skincare, fragrance, fashion and home products, featuring such well-recognized brand names as Avon Color, ANEW, Skin-So-Soft, Advance Techniques, and mark. Learn more about Avon and its products at www.avoncompany.com.

SOURCE Avon Products, Inc.



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