By
Reuters
Reuters
Published
Mar 28, 2016
Mar 28, 2016
Avon adds former FedEx executive Cathy Ross to board
By
Reuters
Reuters
Published
Mar 28, 2016
Mar 28, 2016
Cosmetics maker Avon Products Inc on Monday said it named former FedEx Corp Executive Cathy Ross as a Director to its Board effective March 24, 2016.
Ross, who previously worked as the Chief Financial Officer at FedEx Express, was jointly nominated by Avon and top investor Cerberus Capital Management.
Avon is close to a deal with activist investors in which it will add another independent director to its board in exchange for the activists backing away from a proxy fight for more board seats, a person familiar with the matter told Reuters on Sunday.
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