By Allison Prang

Avon Products Inc. (AVP) said its chief financial officer is stepping down and named a former Walgreens Boots Alliance Inc. (WBA) executive as its incoming CFO.

Avon said that CFO Jamie Wilson is leaving his job "and will be pursing a range of professional business opportunities." Mr. Wilson has been CFO of Avon since the start of 2017.

The beauty-product company chose Gustavo Arnal, CFO of Walgreens' international divisions and global functions, to replace Mr. Wilson. He will start this spring, Avon said.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

December 13, 2018 07:29 ET (12:29 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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