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Avon Takes Steps to Enhance its Corporate Governance; Shares Far From a Beauty

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 director and partner at private-equity firm Warburg Pincus, as well as a director at Time Warner TWX and chairman of Bausch and Lomb) . Former Campbell Soup CPB CEO Doug Conant (a director since … Continue reading Avon Takes Steps to Enhance its Corporate Governance; Shares Far From a Beauty