By and  on February 17, 2012

As pressure continues to build at Avon Products Inc. and investors grow increasingly impatient, the beleaguered direct seller could have a new chief executive officer in place by its annual shareholders meeting in May.

Momentum seems to be building in the firm’s search for a new ceo, with HSN ceo Mindy Grossman continuing to dominate industry chatter about who may be the lead candidate. On Dec. 15, WWD first reported that Grossman was seen as a candidate. Other names have surfaced as well, including former Gap Inc. ceo Paul Pressler, and former Estée Lauder Cos. Inc. group president Patrick Bousquet-Chavanne, who also sits on HSN’s board. Both Grossman and Bousquet-Chavanne dismissed the talk with “no comment.”

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