Andrea Jung
Andrea Jung
Andrea Jung is a Canadian-American executive, non-profit leader, and prominent women's-issues supporter. In April, 2014, she became President and CEO of Grameen America, a nonprofit microfinance organization founded by Nobel Peace Prize winner, Muhammad Yunus. Grameen is the fastest growing microfinance organization in the United States, providing the largest number of microfinance loans to individuals and small businesses. From 1999 until 2012, she served as the first female CEO and Chairwoman of Avon Products, Inc., a multi-level marketing company. Jung...
NationalityAmerican
ProfessionBusinesswoman
CountryUnited States of America
I was marketing-based and U.S.-based. I hadn't run our international business; I hadn't run the operating line. Because of the board's insistence that I go on the road and get that experience, I'm sure I'm a better CEO than I would have been.
We invite our representatives to every mall kiosk opening. We try to encourage the fact that this is sort of flagship Avon.
I was still taking piano lessons up until 18 months ago. If I had one thing I could add to my very full calendar, it would be that. That's one of my personal goals because it helps balance all parts of your life, and I really get a lot of enjoyment out of playing Mozart and Beethoven.
On a great day, I don't believe that the amount of cosmetics sold over the Internet will be more than 25 percent.
The part that loses out at the end of the day is just doing things for myself. Sometimes when I go on a business trip, it's those five hours on the plane or that night in the hotel room which are the only moments when I have time for myself. Only then can I read magazines or a novel.
You have to combine instinct with a good business acumen. You just can't be creative, and you just can't be analytical.
We are encouraged by the improving foreign currency picture, which could result in some upside for earnings if currencies remain at or near their present levels for the rest of the year,
It's a proud moment for this company, ... Avon and the people of Suffern have had so much history together.
With today's appointments, we are leveraging exceptional management talent and experience with two of our most important strategic priorities, namely, the continuing transformation of our direct-selling channel and the building of the Avon brand. These seasoned executives will play critical roles in enabling Avon to unleash the potential of our unique business model.
We are looking forward to continued momentum into the second half, with the 15-market launch of Avon Wellness, our new global line of women's health and well-being products, and beComing, our new beauty and lifestyle brand that will launch at retail in the U.S. this fall.
I can only have dinner with my girlfriends once a month instead of once a week.
We also never undercut representatives' prices. A representative will always be able to sell the discounts in our core business, which are not offered at retail. So it's never more advantageous to buy there.
I feel like I'm part of history being made. I leave Apple board meetings thinking, 'I've got to do a better job.'
Avon is a unique place to work; we've got family-friendly policies. We have more senior women in high-level management than any other company; 46 percent of our officers are women.