TMCnet News
AVON PRODUCTS INC FILES (8-K) Disclosing Change in Directors or Principal Officers(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Avon Products, Inc. (the "Company") announced that Helen McCluskey has been elected to its Board of Directors, effective July 1, 2014. Ms. McCluskey has also been appointed to serve on the Compensation and Management Development Committee of the Board. As an independent non-management director, she will be compensated for her services in the manner described under "Director Compensation" in the Company's Proxy Statement, dated March 27, 2014. Ms. McCluskey, age 59, was President, Chief Executive Officer and a member of the Board of Directors of The Warnaco Group, Inc. from February 2012 to February 2013, when it was acquired by PVH Corp., at which time she became a director of PVH. Her tenure on the PVH board will end on June 19, 2014. Ms. McCluskey also served in other leadership roles at Warnaco, including Chief Operating Officer from September 2010 to February 2012 and as Group President from July 2004 to September 2010. Prior to joining Warnaco, Ms. McCluskey held positions of increasing responsibility at Liz Claiborne, Inc. from August 2001 to June 2004. Previously, she spent 18 years in Sara Lee Corporation's intimate apparel units, where she held executive positions in marketing, operations and general management, including President of Playtex Apparel from 1999 to 2001. Ms. McCluskey is a director of Signet Jewelers Limited. (Page 2 of 3 Pages) -------------------------------------------------------------------------------- |