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This article was originally published in The Rose Sheet

Executive Summary

Avon names board member: Avon Products announces that V. Ann Hailey has been elected to become the 11th member of Avon's board of directors; she also has been appointed to serve on Avon's Audit Committee. Hailey currently serves on the board of W.W. Grainger, Inc., Federal Reserve Bank of Cleveland and Realogy Corporation. Previously she held management positions at Limited Brands, Inc. and was a member of its board of directors from 2001 to 2006. Andrea Jung, Avon CEO and chairwoman, welcomes Hailey, whose "extensive financial expertise and corporate strategy experience at prominent consumer product brand-name companies will enable her to make significant contributions to Avon as we continue to grow our business on a global scale.
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