Leadership transition in Avon International - Seite 2

"Angela's departure has been a thoroughly planned process, coming only after stabilizing the business and identifying the right successor. We are thrilled that she will continue to be by our side, and in the name of the Board, I would like to thank her deeply for her leadership. I'm delighted to welcome Kristof as CEO of Avon, capitalizing on his deep understanding of the business, its spirit and values. I am also pleased to welcome Alessandro back to the organization, bringing with him his expertise of direct sales and cosmetics," said Fabio Barbosa, Natura &Co CEO.

Angela Cretu said, "I have had the privilege of experiencing an Avon journey that has been nothing short of fascinating, addictive, and fulfilling. I am grateful for the unwavering partnership and shared values of my Avon team, and for the wise guidance and support of my mentors, the Natura &Co founders and Board. Most of all, my life's purpose and values have been shaped by the countless women from the countries where I have worked and lived, who generously shared their life stories with me."

Kristof Neirynck said, "I am honored to take on this new role at Avon and continue its evolution to become an omnichannel, relationship selling business, with Representatives at its core. We have an iconic brand: innovative, and affordable products, and a business model that creates opportunities for women to embrace their power, on their own terms."

About Natura &Co

Natura &Co is a global purpose-driven, group uniting Natura, Avon, and The Body Shop. We connect more than 200 million clients worldwide, engaging them through 7 million dedicated Consultants and Representatives, 2,000 stores and franchises, and 30,000 employees. 

We believe in promoting real positive economic, social, and environmental impact. We believe that the world does not need another big company. The world needs symbols of change capable of blazing new trails and inspiring others to follow. We believe in the power of cooperation, co-creation, and collaboration for a better way of living and doing business. 

We are Natura &Co. 

View original content:https://www.prnewswire.co.uk/news-releases/leadership-transition-in-avon-international-302001318.html

The Natura & Holding Stock at the time of publication of the news with a fall of -0,90 % to 6,57USD on NYSE stock exchange (30. November 2023, 02:04 Uhr).