Andrea Jung Steps Down at Avon

The New York Times reports that Andrea Jung, who resigned as chief executive of Avon Products late last year, announced on Friday that she would step down as executive chairwoman at the end of the year, further cutting her ties with a beauty products company for which she long served as its glamorous public face.

Ms. Jung’s announcement was something of a surprise because she was working under a two-year contract. She will become a senior adviser after she steps down.

 

 

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