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.”

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus