12.01.16
Avon Products, Inc. has appointed Jamie Wilson as executive vice president and CFO, effective January 1, 2017. He will be responsible for all finance functions and will report directly to Avon's CEO Sheri McCoy.
Avon's current CFO and chief operating officer, James Scully, will continue to serve as COO through 2017. Scully will continue to be responsible for the global supply chain and IT functions, as well as lead the project management office for Avon's Transformation Plan.
"I'm thrilled to have attracted someone of Jamie's caliber to join our Avon Products team. Jamie has a proven track record of strong financial leadership over an impressive and diverse career. That, along with his breadth of consumer expertise in international markets, will be immensely valuable as we continue to deliver on the company's transformation plan," said McCoy.
Wilson will be based at the Avon Products UK headquarters.
Avon began transitioning key members of its leadership team to the UK in October and is on track for the headquarters to be fully operational in January 2017.
Prior to joining Avon, Wilson served as CFO of SABMiller, an international brewing and beverage company headquartered in London, from 2011 to 2015. He joined SABMiller in 2005 as director of strategic projects and held numerous roles over his ten years at the company, including managing director in Russia as well as managing director of Central Europe. During Mr. Wilson's tenure as CFO at SABMiller, the company experienced a 50% share price appreciation as well as double digit profit growth per annum. He was instrumental in transforming the company from a regionally autonomous portfolio to a globally integrated organization, achieving significant cost savings. Notably, Wilson also played a key role in the $11.5B acquisition and integration of the Fosters business.
Avon's current CFO and chief operating officer, James Scully, will continue to serve as COO through 2017. Scully will continue to be responsible for the global supply chain and IT functions, as well as lead the project management office for Avon's Transformation Plan.
"I'm thrilled to have attracted someone of Jamie's caliber to join our Avon Products team. Jamie has a proven track record of strong financial leadership over an impressive and diverse career. That, along with his breadth of consumer expertise in international markets, will be immensely valuable as we continue to deliver on the company's transformation plan," said McCoy.
Wilson will be based at the Avon Products UK headquarters.
Avon began transitioning key members of its leadership team to the UK in October and is on track for the headquarters to be fully operational in January 2017.
Prior to joining Avon, Wilson served as CFO of SABMiller, an international brewing and beverage company headquartered in London, from 2011 to 2015. He joined SABMiller in 2005 as director of strategic projects and held numerous roles over his ten years at the company, including managing director in Russia as well as managing director of Central Europe. During Mr. Wilson's tenure as CFO at SABMiller, the company experienced a 50% share price appreciation as well as double digit profit growth per annum. He was instrumental in transforming the company from a regionally autonomous portfolio to a globally integrated organization, achieving significant cost savings. Notably, Wilson also played a key role in the $11.5B acquisition and integration of the Fosters business.