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
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.
A representative is free delivery; she's a personal beauty consultant. Some people want that high touch.
We are disappointed that Sears has made a change in its approach at this late stage and won't be part of the beComing venture, ... We have always viewed retail as a long-term strategy for Avon. We are as committed as ever to our retail initiative.
Overall, we feel good about the state of our business, and assuming that significant currency weakness does not spread to other Latin markets, we continue to target double-digit earnings growth in 2002 even if the Argentine peso devalues further to 2.00 to the dollar,
Looking ahead, we are confident that the fundamental strength of our business will continue, ... We anticipate further local currency sales growth acceleration in the second half of the year as well as higher dollar operating profit growth, and we remain on track to achieve our stated target of double-digit earnings growth, before unusual items, for the third consecutive year.
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.