09.09.14
Kimberly Ross, executive vice president and chief financial officer, has resigned from Avon Products effective October 2, 2014. She joined Avon in 2011.
Robert Loughran, vice president and corporate controller, will be appointed Avon's acting CFO effective October 2, 2014, while the company completes the search process for a permanent CFO.
"Kimberly has been a strong leader for Avon over the past three years. I appreciate her partnership as we've worked together on Avon's turnaround journey. We wish her all the best in her new role," said Sheri McCoy, chief executive officer of Avon Products, Inc. "We have an outstanding finance leadership team, and I have full confidence in Bob and the team during this transition period."
"I'm proud of the work that's been accomplished by the team at Avon. I believe it is laying the right foundation for the future, and I look forward to working with Bob and Sheri during this transition," said Ms. Ross.
Mr. Loughran has been with Avon for 10 years, serving as vice president and controller since 2012. He joined the company as assistant controller in 2004. Mr. Loughran is a certified public accountant who, prior to Avon, spent 15 years in various financial reporting and accounting positions at public companies, and in public accounting roles at PricewaterhouseCoopers LLP and Deloitte & Touche LLP.
Robert Loughran, vice president and corporate controller, will be appointed Avon's acting CFO effective October 2, 2014, while the company completes the search process for a permanent CFO.
"Kimberly has been a strong leader for Avon over the past three years. I appreciate her partnership as we've worked together on Avon's turnaround journey. We wish her all the best in her new role," said Sheri McCoy, chief executive officer of Avon Products, Inc. "We have an outstanding finance leadership team, and I have full confidence in Bob and the team during this transition period."
"I'm proud of the work that's been accomplished by the team at Avon. I believe it is laying the right foundation for the future, and I look forward to working with Bob and Sheri during this transition," said Ms. Ross.
Mr. Loughran has been with Avon for 10 years, serving as vice president and controller since 2012. He joined the company as assistant controller in 2004. Mr. Loughran is a certified public accountant who, prior to Avon, spent 15 years in various financial reporting and accounting positions at public companies, and in public accounting roles at PricewaterhouseCoopers LLP and Deloitte & Touche LLP.