April 26 (Reuters) - Avon Products Inc said on Friday that longtime board member Fred Hassan resigned from its board to focus on his other professional commitments and that Doug Conant was taking...
Avon Products ( AVP ) announces that long-time board member Fred Hassan has resigned from the board. Reading between the lines, the transitioning of the board could indicate support for CEO Sheri McCoy is intact. Post your comment!
April 26 (Reuters) - Avon Products Inc said on Friday that Fred Hassan has resigned from its board and that the chief financial officer will temporarily fill a spot.
Avon Products AVP announced on Friday that independent chairman Fred Hassan would be stepping down immediately in light of " his other professional commitments" (which presently include working as a managing
for life-threatening conditions. Retrophin launched last year with private funding and high-profile investors - Fred Hassan , former head of Schering-Plough, Brent Saunders, CEO of Bausch & Lomb, and James MacDonald, formerly involved
Jung (who held the top spot for about 12 years) will step down as chairman at the end of the year as a positive one. Fred Hassan will succeed Jung (who will continue to serve as a senior advisor) as nonexecutive chairman. We believe the separation
longer act as board chairman while instead continuing as a senior advisor to the board beginning January 1, 2013. Fred Hassan , who has served since February 2009 as Avon's lead independent Complete Story »
* Fred Hassan to become non-executive chairman in January
Andrea Jung (who held the top spot for 12 years) will step down as chairman at the end of the year as a positive one. Fred Hassan will succeed Jung, who will continue to serve as a senior advisor, as nonexecutive chairman; we applaud the separation
Whenever shareholders bemoan the fate of their investment in this or that drugmaker, invariably someone mentions that Fred Hassan should become CEO. Why? Fred has a brief, if controversial track record of running companies and then selling them