Avon Names EVP and CFO
Avon Products, Inc. announces the appointment of James S. Scully as Executive Vice President and Chief Financial Officer. He will report to Chief Executive Officer Sheri McCoy, effective no later than April 1, 2015, and lead all finance and information technology functions.
Scully joins Avon after nine years with J. Crew, a women's, men's and children's multi-channel specialty retailer. During his tenure, Scully served as J. Crew's Executive Vice President and Chief Financial Officer, Chief Administrative Officer and most recently as Chief Operating Officer, spearheading the company's international expansion efforts. Prior to J. Crew, he served in treasury and strategic and financial planning roles at luxury retailer Saks Incorporated, and in corporate finance and banking roles at Bank of America.
"I am very pleased to welcome Jim to the Avon team," says Sheri McCoy, CEO of Avon Products, Inc. "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."
McCoy continues, "Jim joins a management team that is focused on Avon's turnaround and fully committed to our Representatives, Associates, and shareholders."
Scully remarks, "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."
Scully joins Avon after nine years with J. Crew, a women's, men's and children's multi-channel specialty retailer. During his tenure, Scully served as J. Crew's Executive Vice President and Chief Financial Officer, Chief Administrative Officer and most recently as Chief Operating Officer, spearheading the company's international expansion efforts. Prior to J. Crew, he served in treasury and strategic and financial planning roles at luxury retailer Saks Incorporated, and in corporate finance and banking roles at Bank of America.
"I am very pleased to welcome Jim to the Avon team," says Sheri McCoy, CEO of Avon Products, Inc. "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."
McCoy continues, "Jim joins a management team that is focused on Avon's turnaround and fully committed to our Representatives, Associates, and shareholders."
Scully remarks, "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."