CEO

Avon CEOs: A look at the resumes of Jung, McCoy

AP News
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Posted: Apr 09, 2012 4:27 PM
Avon CEOs: A look at the resumes of Jung, McCoy

Avon Products Inc. said Monday that long-time Johnson & Johnson executive Sheri McCoy will replace Andrea Jung as CEO later this month. Here's a look at the careers of the two women:

SHERI S. MCCOY

_ Began career at Johnson & Johnson in 1982 as a scientist in the research and development organization supporting the consumer women's health business.

_Advanced up the ladder and served as head of consumer research and development and later as global president of the baby and wound care consumer franchises.

_ In 2005, became company group chairman for the Ethicon device franchise and a member of the medical device and diagnostics group operating committee and assumed responsibility for the group's businesses in Latin America.

_ Three years later, was named chair of the surgical care group and became a member of the Johnson & Johnson executive committee.

_In 2009, became worldwide chair of pharmaceuticals.

_In 2011, assumed responsibility for the pharmaceutical and consumer business segments. Also named vice chair of the executive committee and member of the Office of the Chairman.

_ Has a bachelor's degree from the University of Massachusetts, Dartmouth; a master's degree in chemical engineering from Princeton University; and a master's in business administration from Rutgers University.

ANDREA JUNG

_ Joined Avon in January 1994 as president of the product marketing group.

_ From 1996 to 1998, ascended to senior positions in product marketing, where she oversaw research and development, market research, strategic planning, joint ventures and alliances.

_ In 1998, became president and chief operating officer for Avon's business units worldwide.

_ Was appointed CEO in 1999 and elected chairman in 2001.

_ Has been a member of the board of directors since January 1998.

_ Graduate of Princeton University.