Avon CFO Resigns

 
The Wall Street Journal reported early yesterday morning that Avon CFO, Kimberly Ross, has resigned. 
Avon Products Inc. announced Monday that Chief Financial Officer Kimberly Ross is resigning from the embattled beauty-products company, effective early next month, to become CFO at oil-field services company Baker Hughes Inc.
Martin Craighead, Baker Hughes chairman and chief executive, stated that Ms. Ross’s “extensive record of accomplishments spans several industries and is a testament to her effective partnering with operational leaders in various geographies and business environments.”
She begins her new role at Baker Hughes effective Oct. 22.
Avon appointed Avon’s corporate controller, Robert Loughran, to serve as acting CFO as the door-to-door seller of makeup and consumer products searches for a permanent successor. Mr. Loughran is a 10-year Avon veteran and was appointed vice president and controller in 2012.

Avon Chief Executive Sheri McCoy said Ms. Ross “has been a strong leader for Avon over the past three years. I appreciate her partnership as we’ve worked together on Avon’s turnaround journey. We wish her all the best in her new role.”

Ms. Ross stated that she is proud of the work accomplished by the Avon team. She also stated that she thinks Avon “is laying the right foundation for the future, and I look

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ViSalus Will Launch New Products At USA Convention

 
Thousands of Vi Promoters and Customers from all over the world will come together at Vitality 2014 on September 12-13 at the George R. Brown Convention Center in Houston, Texas for an unforgettable celebration of Life, Health and Prosperity.
During this annual event, ViSalus will officially launch four new wholesome and nutritious Vi product options that will provide consumers with a fast and convenient way to recharge their bodies while pursuing their weight-loss and fitness goals.
Additionally, the ViSalus Founders, who recently reinforced their commitment to the company by going “all-in” through a management buyout, will share their excitement and vision for the future of ViSalus.
One of the biggest launches at the event will be the unveiling of four original items in a new product category for the company.
ViSalus Co-Founder and CMO Blake Mallen will explain the marketing, tools and social campaign supporting the new items, which are designed to completely change how people eat and make goal-setting tastier and more convenient.
“These products will help individuals on The Challenge ‘lose it’ or ‘build it’ with options that make healthy eating part of their everyday lifestyle, rather than a diet,” said Mallen.
Pre-launch excitement has already been gaining momentum via clues provided as

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