Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Avon Names Johnson & Johnson's Sherilyn McCoy As CEO - Quick Facts

RELATED NEWS
Trade JNJ now with 

Johnson & Johnson (JNJ: Quote) said Sherilyn McCoy, Vice Chairman of the Executive Committee, has resigned from the company effective April 18.

Avon Products, Inc. (AVP: Quote), in its press release, said its Board of Directors has appointed Sherilyn McCoy as Chief Executive Officer. McCoy will join Avon effective April 23, 2012, and will also serve as a director on the company's Board.

As previously announced, Andrea Jung, currently Avon's Chairman and CEO, will continue to serve the company as Executive Chairman once McCoy assumes the CEO position. McCoy will report to the company's Board of Directors.

McCoy joined Johnson & Johnson in 1982 and was appointed to her current responsibilities in January, 2011.

William Weldon, JNJ's Chairman and CEO, said McCoy's direct reports will begin reporting immediately to Alex Gorsky, who will become CEO of Johnson & Johnson effective with its Annual Shareholders' Meeting later this month.

Click here to receive FREE breaking news email alerts for Johnson & Johnson and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may... This medical device company has a very impressive track record of growing business over the past decade. increasing sales from $490.2 million in 2004 to $1.72 billion this year. The Silicone Hydrogel daily disposable lens portfolio constitutes a major avenue for growth. A Thai company has bought iconic U.S. tuna brand Bumble Bee for $1.51 billion dollars. Thai Union Frozen Products Public Company Limited or TUF, the world's largest processor of shelf-stable tuna products snapped up Bumble Bee from private equity firm Lion Capital. Post Synergies, the transaction...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.