Rose Sheet is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Avon Clearing the Decks: Firm Ousts Cramb Amid Ongoing Investigation

Executive Summary

Avon announces dismissal of Vice Chairman Charles Cramb in connection with firm’s internal investigation into possible breach of fiduciary duty and alleged violations of the Foreign Corrupt Practices Act. With CEO Andrea Jung on her way out as well, analysts see in the decay of Avon’s upper management glimmers of opportunity.

Advertisement

Related Content

Avon Faces Potential High Penalties Under SEC Deal; Q3 Sales Down 7%
CEO McCoy: Avon Q3 “Disappointing,” But Focus Is On Future
In Brief
Avon’s Dismal Q1 Makes Coty Bid More Appealing – Analysts
Coty Makes Offer For Avon, Smelling “Blood in the Water” – Analyst
Avon Designates 2012 “Transitional Year,” Delays Guidance
Avon Initiates External Search For CEO As Jung Steps Down
Avon Under SEC Probe; Outlook “So Bad It’s Good,” Analyst Says
People In Brief

Topics

Related Companies

Advertisement
UsernamePublicRestriction

Register

RS017946

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel