Avon elects Hailey to board of directors

NEW YORK Avon Products announced that its board of directors has elected Ann Hailey to join its board. Hailey has also been appointed to serve on Avon's audit committee.

Hailey is a retired executive of Limited Brands where she served first as evp and cfo from 1997 to 2006 and then as evp of corporate development from 2006 to 2007.

"We are very pleased that Ann Hailey has agreed to become a member of Avon's Board of Directors," said Andrea Jung, Avon's chairman and ceo. "Her extensive financial expertise and corporate strategy experience at prominent consumer product brand-name companies will enable her to make significant contributions to Avon as we continue to grow our business on a global scale."