Avon seeks CFO

Avon EVP and CFO Kimberly Ross, who joined the company in 2011, has resigned effective Oct. 2. VP and corporate controller Robert Loughran will be appointed acting CFO while the company finds a permanent replacement.



"Kimberly has been a strong leader for Avon over the past three years. I appreciate her partnership as we've worked together on Avon's turnaround journey. We wish her all the best in her new role," said CEO Sheri McCoy. "We have an outstanding finance leadership team, and I have full confidence in Bob and the team during this transition period."



"I'm proud of the work that's been accomplished by the team at Avon. I believe it is laying the right foundation for the future, and I look forward to working with Bob and Sheri during this transition," added Ross.



Loughran has been with Avon for 10 years, serving as VP and controller since 2012. He joined the company as assistant controller in 2004. Loughran is a Certified Public Accountant who, prior to Avon, spent 15 years in various financial reporting and accounting positions at public companies, and in public accounting roles at PricewaterhouseCoopers and Deloitte & Touche LLP.