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June 20, 2017

World News

Avon Products Inc. Appoints Miguel Fernandez as Global President

London-based Avon Products Inc. recently announced the appointment of Miguel Fernandez as Global President, with responsibility for commercial business operations, effective August 14, 2017. He will be based at Avon’s headquarters in London.

Fernandez is a seasoned executive with more than 20 years of operating experience, including significant international experience and a proven track record in the direct selling industry. He joins Avon following nearly 10 years at Herbalife Ltd., where he most recently served as Executive Vice President and Managing Director for the Americas and Worldwide Member Operations. Previously at another top direct seller, he served as Senior Vice President and Managing Director of Mexico, and Vice President, Finance & Distributor Operations.

Prior to joining Herbalife, Fernandez was Chief Financial Officer at OCC Mundial and Business Controller for Microsoft in Mexico. His earlier career included roles in investment banking at JPMorgan Chase in New York, and financial management at Procter & Gamble. Fernandez holds a Bachelor of Science in industrial engineering, with honors, from the Monterrey Institute of Technology in Mexico and a Master of Business Administration from Darden School of Business, University of Virginia.

“I am delighted to welcome an executive of Miguel’s caliber to Avon’s leadership team,” said McCoy. “Miguel’s expertise in general management, global sales, marketing and operational excellence will help us accelerate changes in our commercial operations and drive profitable growth.”

Fernandez succeeds John Higson, who will be retiring in September from his role as Avon’s Executive Vice President, Chief Commercial Officer, following 32 years with Avon. “On behalf of the entire Avon team, I would like to thank John for his countless contributions to Avon, and his many years of dedicated service to the Avon Representatives. We wish him all the best in his future endeavors,” said McCoy.