Monday, January 7,2008 @ 11:20am
Apple elects Avon exec as 8th board member
Apple today announced that Avon chairman and CEO Andrea Jung was elected to its board of directors. "Andrea is a strong CEO and marketer and we look forward to benefiting from her insights and experience as a member of Apple's board," said Steve Jobs, Apple's CEO. "Andrea will be our eighth board member, and I think she will add a new dimension to our already lively board discussions."
Jung also serves on the board of directors for the General Electric Company and is a member of the New York Presbyterian Hospital board of trustees as well as the Catalyst board of directors.
"Apple is clearly one of the most innovative companies in the world today," said Andrea Jung, chairman and chief executive officer of Avon Products. "I feel privileged to join this exciting and dynamic team and look forward to working closely with Steve and the board during the next phase of Apple's growth."
Jung is responsible for developing and executing all of Avon's long-term growth strategies, launching new brand initiatives, developing earnings opportunities for women worldwide, and defining Avon in the beauty products industry.
Jung was elected president of global marketing in 1996, an executive vice president in 1997, president and a director of the company in 1998, chief operating officer from 1998 to 1999, chief executive officer in 1999, and chairman of Avon's board in 2001. Previously Jung was executive vice president of Neiman Marcus and a senior vice president for I. Magnin.