NEW YORK, Sept. 18, 2012 /PRNewswire/ -- Avon
Products, Inc. (NYSE: AVP) today announced that its Board of
Directors has elected Charles H.
Noski to the board, effective immediately. Mr. Noski's
election increases Avon's Board to
12 Directors.
Mr. Noski, age 60, served as Vice Chairman of Bank of America
Corporation from June 2011 to
September 2012, following his role as
Executive Vice President and Chief Financial Officer of that
company from May 2010 to June
2011. Prior to that, Mr. Noski served as Corporate Vice
President and Chief Financial Officer of Northrop Grumman
Corporation, as well as a director of that company. He has
also held the roles of Chief Financial Officer and Vice Chairman of
the Board of AT&T Corporation, and numerous senior leadership
and board positions at Hughes Electronics Corporation. Prior
to that, he was a partner at Deloitte & Touche LLP. In
addition to his role on Avon's
Board, Mr. Noski is a director of Avery Dennison Corporation and
Microsoft Corporation. He has also served previously as a
director of Air Products & Chemicals, Inc., Automatic
Data Processing, Inc., and Morgan Stanley.
"We are pleased to welcome Chuck to Avon's Board," said Andrea Jung, Executive Chairman, Avon Products,
Inc. "An accomplished executive with extensive senior
leadership background, he has a wealth of experience that will
benefit the company as we work toward a turnaround."
Avon's lead independent
director Fred Hassan commented,
"Chuck's significant board experience coupled with his CFO roles at
major global corporations enables him to provide valuable expertise
as we continue to take steps to move the business forward and
deliver value to our shareholders."
Mr. Noski holds both a Bachelor of Science in Business
Administration and a Master of Science in Accounting from
California State University,
Northridge.
About Avon
Avon, the company for women, is a
leading global beauty company, with over $11
billion in annual revenue. As the world's largest direct
seller, Avon markets to women in
more than 100 countries through over 6 million active independent
Avon Sales Representatives. Avon's
product line includes beauty products, as well as fashion and home
products, and features such well-recognized brand names as Avon
Color, ANEW, Skin-So-Soft, Advance Techniques, Avon
Naturals, and mark. Learn more about Avon and its products at
www.avoncompany.com.
SOURCE Avon Products, Inc.