04.03.13
Avon Products Inc. CEO Sheri McCoy received a compensation package worth $12.9 million during her first year on the job. McCoy, 54, who became CEO in April 2012, received a base salary of $831,781, according to a filing with the Securities and Exchange Commission.
She received a bonus of about $1.9 million and stock awards of nearly $9.4 million on the date they were granted. She also received a performance bonus of $591,025 and other compensation of $180,139. The perks included financial planning and tax preparation, a car service allowance, an executive health exam, temporary housing costs and legal fees related to her hire.