09.09.14
Avon Products, Inc. is looking for a new finance head now that Kimberly Ross, executive vice president and chief financial officer, has announced her resignation effective October 2, 2014. Ross has been with the company for three years.
Upon Ross’s departure, Robert Loughran, vice president and corporate controller, will be appointed Avon’s acting chief financial officer, while the company completes the search process for a permanent CFO.
“Kimberly has been a strong leader for Avon over the past three years. I appreciate her partnership as we've worked together on Avon’s turnaround journey. We wish her all the best in her new role,” said Sheri McCoy, chief executive officer of Avon Products, Inc. “We have an outstanding finance leadership team, and I have full confidence in Bob and the team during this transition period.”
“I'm proud of the work that's been accomplished by the team at Avon. I believe it is laying the right foundation for the future, and I look forward to working with Bob and Sheri during this transition,” said Ross.
Loughran has been with Avon for 10 years, serving as vice president and controller since 2012. He joined the company as assistant controller in 2004. He is a CPA who, prior to Avon, spent 15 years in various financial reporting and accounting positions at public companies, and in public accounting roles at PricewaterhouseCoopers LLP and Deloitte & Touche LLP.
Upon Ross’s departure, Robert Loughran, vice president and corporate controller, will be appointed Avon’s acting chief financial officer, while the company completes the search process for a permanent CFO.
“Kimberly has been a strong leader for Avon over the past three years. I appreciate her partnership as we've worked together on Avon’s turnaround journey. We wish her all the best in her new role,” said Sheri McCoy, chief executive officer of Avon Products, Inc. “We have an outstanding finance leadership team, and I have full confidence in Bob and the team during this transition period.”
“I'm proud of the work that's been accomplished by the team at Avon. I believe it is laying the right foundation for the future, and I look forward to working with Bob and Sheri during this transition,” said Ross.
Loughran has been with Avon for 10 years, serving as vice president and controller since 2012. He joined the company as assistant controller in 2004. He is a CPA who, prior to Avon, spent 15 years in various financial reporting and accounting positions at public companies, and in public accounting roles at PricewaterhouseCoopers LLP and Deloitte & Touche LLP.