Avon CEO Resigns Following Acquisition By Brazilian Cosmetics Giant

Jan 06, 2020 - Retail Touch Points
Board and Executive Moves-Mergers and Acquisitions

Avon CEO Jan Zijderveld has stepped down, the 130-year-old U.S. cosmetics company revealed upon closing its sale to Brazilian personal care cosmetics group Natura & Co Holding SA. Natura & Co CEO and Executive Chairman Roberto Marques appointed Angela Cretu to take over for Zijderveld. Cretu will be responsible for the Avon business outside of Latin America and for oversight of the Avon brand globally.

Cretu has more than 20 years of experience at Avon in various senior executive roles, mo...