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McCoy Exits J&J For Avon After Gorsky Promotion

This article was originally published in The Tan Sheet

Executive Summary

Passed over to succeed outgoing CEO William Weldon, top Johnson & Johnson consumer business exec Sheri McCoy exits the firm after 30 years to become Avon’s CEO. While J&J’s consumer business is recovering gradually, Avon faces a hostile takeover bid and is dealing with internal struggles.

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