After five years of persistent adaptation to a world increasingly influenced by the Millennial mindset and buying patterns, the door is shutting closed on Avon CEO Sherilyn (Sheri) McCoy's attempts toturn around what is still the global leader in direct selling of beauty products.
NYS Entity Status
NYS Filing Date
APRIL 08, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - AREND & ORMAN ENTERPRISES, LLC
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Cosmetics maker Avon Products, which has been under pressure from activist investor Barington Capital, said on Thursday Sheri McCoy will step down as chief executive in March next year. Barington had been pushing for management changes at the company since 2015, but backed off for a year after Avon signed a deal to sell its...
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Avon Products Chief Executive Sheri McCoy is expected to step down, according to people familiar with the matter, after her effort to turn around the beleaguered cosmetics seller faltered.