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    Breaking News

    Avon Names Arnal as CFO

    Brings experience from P&G, Walgreen Boots and more.

    Avon Names Arnal as CFO
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    12.13.18
    Gustavo Arnal is a seasoned global operating executive with over 25 years of experience working in strategy, operations and finance positions for consumer goods and retail businesses.  Avon today announced that Arnal has been appointed executive vice president and chief financial officer, effective during Spring 2019.  

    Jamie Wilson, Avon’s current chief financial officer, has chosen to step down from his full time executive role and will be pursuing a range of professional business opportunities in the next stage of his career.

    Arnal joins Avon from Walgreens Boots Alliance (WBA), where he has served as senior vice president, CFO of International Divisions and Global Functions.

    Prior to WBA, Arnal worked for over 20 years with Procter & Gamble (P&G). His responsibilities at P&G included vice president, CFO India, Middle East and Africa, where he oversaw operations in over 50 countries and led the turnaround to profitability of India’s multi-billion-dollar business. He was vice president, CFO of Global Fabric & Home Care, and drove the global supply chain transformation and simplification of laundry detergents, P&G’s largest category.

    Arnal was CFO of Global Personal Beauty Care, at the time overseeing iconic brands like SK-II, Olay, Secret and Max Factor. He was the finance director of P&G’s worldwide Financial Planning & Analysis department, during the crucial period of the merger with Gillette. Earlier, Arnal was CFO for all of P&G’s categories in Brazil and was Finance Manager in Mexico for Health and Beauty Care products.
     
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