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Avon Appoints Pablo Munoz as Senior Vice President and President, North America
May 20, 2013
NEW YORK, May 20, 2013 /PRNewswire/ -- Avon Products, Inc. (NYSE: AVP) announced today the appointment of Pablo Munoz as Senior Vice President and President, North America, effective June 24, 2013. Mr. Munoz will report to Sheri McCoy, Avon's Chief Executive Officer, and will join the company's Executive Committee.
Mr. Munoz will oversee Avon's business in the United States, Canada and the Caribbean. In this role, Mr. Munoz will be responsible for executing the turnaround of Avon's North American business and returning it to a solid and profitable position.
"We are committed to returning our U.S. business to health, and I am pleased to welcome Pablo to the Avon team to lead that effort," said McCoy. "Pablo is an innovative thinker and a big-picture strategist with strong operating skills and a proven track record of driving growth. Pablo is stepping into this role at an important time in our company's history and Avon will be well-served by his deep experience in both consumer products and direct sales, including his passion for motivating Representatives."
Mr. Munoz has extensive experience in direct selling in both housewares and beauty. He joins Avon from Tupperware Brands Corporation, where he has worked since 1993, most recently as Group President of the Americas region. In 2011, when Mr. Munoz took on this role, he was responsible for Latin America, where he led the turnaround of that business. Tupperware Latin America became a key growth market under his leadership, with Mr. Munoz turning it from the company's smallest division into one of the largest in terms of profits and revenue. In September 2012, Tupperware North America was added to his responsibilities and he developed the turnaround plan for that business.
During his tenure at Tupperware, Mr. Munoz led beauty and home products businesses across Latin America and Asia Pacific. In addition, Mr. Munoz led a number of important initiatives, including the development of a comprehensive sales and marketing strategy and the implementation of a transformational change agenda in brand and sales force.
Prior to joining Tupperware, Mr. Munoz spent five years at Sara Lee Corporation. He served as Executive Director, Business Development, where he was responsible for developing and executing Sara Lee's market entry strategy in Latin America across multiple product platforms and geographies. He spent his early professional career at Booz Allen Hamilton Inc. and Abbott Laboratories.
Mr. Munoz holds a Master of Science degree in Management and Engineering and a Bachelor's degree in Industrial Engineering, both from Georgia Institute of Technology in Atlanta.
Avon, the company for women, is a leading global beauty company, with nearly $11 billion in annual revenue. As one of the world's largest direct sellers, Avon is sold through more than 6 million active independent Avon Sales Representatives. Avon products are available in over 100 countries, and the product line includes color cosmetics, skincare, fragrance, fashion and home products, featuring such well-recognized brand names as Avon Color, ANEW, Skin-So-Soft, Advance Techniques, and mark. Learn more about Avon and its products at www.avoncompany.com.
SOURCE Avon Products, Inc.
For further information: MEDIA: Kenny Juarez, Burson-Marsteller, (212) 614-4356, INVESTORS: Amy Chasen, or Natalija Jovasevic, (212) 282-5320
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