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Appointments In Brief

This article was originally published in The Rose Sheet

Executive Summary

Avon taps Cramb: Former Gillette exec Charles Cramb is appointed to newly created position of Avon exec VP, finance and technology and CFO, assuming responsibilities of Exec VP and CFO Robert Corti, who is retiring after 30 years with the company, direct-seller announces. Effective Nov. 1, Cramb will report to CEO Andrea Jung. New role was created in line with firm's plan to integrate finance, business transformation and technology under one umbrella, Avon notes. Cramb previously served as Gillette senior VP finance and CFO, a role in which he helped orchestrate the company's successful restructuring program, Avon said. Firm notes his experience will be an "important asset" as it enters its next phase of transformation. Corti will remain with the firm through Q1 in a non-finance related capacity...

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