Can Avon CEO McCoy Rise To “Superhuman” Task?
This article was originally published in The Rose Sheet
Executive Summary
New CEO Sheri McCoy comes to Avon from Johnson & Johnson with a strong background in consumer products and a “significant turn-around track record,” according to Avon. However, “there is no cape flowing behind her,” notes Morningstar analyst Lauren DeSanto, speculating that Avon’s problems may require superhuman powers.
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