Anna Yarvits Appointed Group Vice President and General
Manager, Russia and Eastern Europe
LONDON, July 31, 2018 /PRNewswire/ -- Avon Products, Inc.
(NYSE: AVP), a global leader in direct selling of beauty products,
today announced that Anna Yarvits has been appointed Group Vice
President and General Manager, Russia and Eastern
Europe, effective August 21,
2018. Dr. Yarvits will report to Miguel Fernandez, Global President.
Anna Yarvits has a strong track record of transforming business
performance with over 20 years of experience within global
organizations. She joins Avon from
Teva, one of the world's largest pharmaceutical companies, where
she most recently served as SVP Cluster Head, Russia & Eurasia and General Manager,
Russia. She helped execute Teva's
strategic merger with Actavis to create one of the largest
pharmaceutical businesses in Russia and the Commonwealth of Independent
States, with sales of over $500
million. Before joining Teva, Dr. Yarvits held General
Management roles at several global pharmaceutical companies,
including Zentiva (a Sanofi company) and ratiopharm. She started
her business career in sales and marketing at SmithKline
Beecham/GSK.
"We are delighted to welcome Anna to the leadership team at
Avon, where she will be
responsible for managing one of our top three markets," said
Miguel Fernandez, Global President.
"As a seasoned executive, Anna brings extensive General Management
experience, successfully improving business performance across
extensive product portfolios for some of the biggest international
pharmaceutical businesses in the large and growing Eastern European
region."
"I am pleased to join Avon and
excited to become part of an organization that prides itself on
providing opportunities for Representatives to grow and adopt their
business model to a new digital reality throughout Eastern Europe," said Dr. Yarvits.
"Avon is well known in the region
for having a great branded portfolio of innovative products that
meet the evolving needs of a diverse customer base, and I am eager
to expand Avon's operations in
Russia and Eastern Europe and capture greater value in
these large and growing beauty markets."
Miguel Fernandez continued,
"Elena Starkova, the current General
Manager has decided to leave the company to pursue other
opportunities. Elena has had an exemplary 22 year career at
Avon driving the business to be
number one in Direct Selling in Eastern
Europe. I, along with everyone at Avon, wish her well in her future career."
Dr. Yarvits has been recognized with numerous awards throughout
her career, including most recently being ranked fifth in the "Top
1,000 Russian Managers" in the pharmaceutical executives of Russian
and foreign businesses. She holds an M.D. in General Medicine and a
PhD in Dermatology,
from Ekaterinburg State Medical University and
is a Fellow in Professional Marketing from the Chartered Institute
of Marketing. In her new role, Anna will be responsible for
Russia, Ukraine, Georgia, Kazakhstan and Kyrgyzstan.
About Avon Products, Inc.
Avon is the Company that for
130 years has proudly stood for beauty, innovation, optimism and,
above all, for women. Avon
products include well-recognized and beloved brands such as ANEW,
Avon Color, Avon Care, Skin-So-Soft, and Advance Techniques sold
through approximately 6 million active independent Avon Sales
Representatives. Learn more about Avon and its products at
www.avoncompany.com.
Forward Looking Statements
This press release contains "forward-looking statements" that
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, including efforts to
drive growth throughout Avon's
European business. Because forward-looking statements
inherently involve risks and uncertainties, actual future results
may differ materially from those expressed or implied by such
forward-looking statements. These risks and uncertainties
include, but are not limited to, the possibility of business
disruption, competitive uncertainties, and general economic and
business conditions in Avon's
markets as well as the other risks detailed in Avon's filings with the Securities and
Exchange Commission. Avon
undertakes no obligation to update any statements in this press
release for changes that happen after the date of this release