Avon has appointed James Scully as Executive Vice President and Chief Financial Officer. Scully previously worked at multi-channel retailer J. Crew, before taking up his new role. Scully will now lead all finance and IT functions. Scully will report into CEO Sheri McCoy, effective no later than 1 April.
“I am very pleased to welcome Jim to the Avon team,” said McCoy. “His deep consumer expertise, track record of working in complex environments, and experience developing opportunities in international markets make him the ideal fit for Avon. He is a seasoned finance and operational leader with public company CFO experience and will play an integral role in driving sustainable and profitable growth at Avon.”
Scully added: “Avon is an iconic beauty brand and I'm excited to join the team. This is a pivotal moment for Avon as it seeks to reinforce its leadership in beauty and direct sales. I look forward to working with Sheri and the entire management team to help get the business back on a path to sustainable growth while continuing to fulfill the company's mission of empowering women.”
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