Ads
By
Reuters
Published
Mar 28, 2016
Download
Download the article
Print
Text size

Avon adds former FedEx executive Cathy Ross to board

By
Reuters
Published
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.


Cathy D. Ross Avon Company


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.



 

© Thomson Reuters 2024 All rights reserved.