People In Brief
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.
You may also be interested in...
Turnaround Specialist Patriarch Partners Comes To Rescue Of Stila Cosmetics
Cosmetics brand Stila has been purchased for an undisclosed sum by private equity firm Patriarch Partners, which "concentrates on direct investments in distressed businesses," according to its Web site
OCA Applauds Organic Board's Recommendation To USDA: "Outlaw Nanotech"
With a push from the Organic Consumers Association, the National Organic Standards Board is recommending that the use of nanotechnology be strictly prohibited from products certified under the National Organic Program