By  on December 13, 2018

Gustavo Arnal has been appointed chief financial officer of Avon Products Inc.

Arnal joined the business from Walgreens Boots Alliance, where he was senior vice president and chief financial officer of international divisions and global functions. Before Walgreens, Arnal was at Procter & Gamble for 20 years, overseeing operations in more than 50 different countries. There, as vice president, cfo of India, Middle East and Africa, he helped turn around the company’s India business. He was also vice president and cfo of global fabric and home care, and led a behind-the-scenes supply chain transformation for that business — P&G’s largest. He also worked in beauty, overseeing SK-II, Olay, Secret and Max Factor, for a time, and worked in P&G’s financial planning department during the Gillette merger.

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