Avon Appoints Nilesh Patel as Senior Vice President and President, Asia
NEW YORK, Jan. 9, 2014
NEW YORK, Jan. 9, 2014 /PRNewswire/ --Avon Products, Inc. (NYSE: AVP)
announced today the appointment of Nilesh Patel as Senior Vice President and
President, Asia Pacific Region, effective February 3, 2014. Mr. Patel will
report to Sheri McCoy, Avon's Chief Executive Officer, and will join the
company's Executive Committee.
Mr. Patel will oversee all of Avon's Asia Pacific business. In this role, he
will be responsible for stabilizing the market, and strengthening and growing
the Avon business throughout the region.
"As part of our commitment to growing the Avon business, I am pleased to
announce that Nilesh Patel is joining us to lead our efforts in the Asia
Pacific region," said McCoy. "During his successful career, Nilesh has a
strong track record of strategic and operational excellence, which will be
critical as we work to rebuild our Asia Pacific business. He knows how to
build a brand and bring together a strong team to drive results. Nilesh's
experience, expertise and insights are critical assets as we work to
strengthen our position in the Asia Pacific region and globally."
Mr. Patel joins Avon following a 26-year career with the Heinz Company, where
he served in various roles. Throughout his tenure, he acquired deep experience
across multiple functions from supply chain management to marketing, and built
a solid record of success, most notably in emerging Asian markets such as
Indonesia and India.
Most recently, Mr. Patel served as President, Director and Regional CEO of the
Heinz ASEAN Region, where he oversaw business in Indonesia, Malaysia,
Singapore, the Philippines, Vietnam and Thailand. The position was an
expansion of his role as head of Heinz ABC Business in Indonesia, where Mr.
Patel has been credited with turning around the business and more than
doubling revenues over a five-year period.
From 2004 to 2007, Mr. Patel served as Managing Director and Chairman of the
Board of Directors for Heinz India, where he spearheaded a brand
repositioning, organizational restructuring, and other changes resulting in a
near doubling of revenues. Other roles at Heinz include Senior
Manager/Director of Supply Chain and Foodservice Sales in China and
Manager/Senior Manager in various roles for the Middle-East/Africa and Europe
Prior to joining Heinz, Mr. Patel was a Project Development Engineer for Grand
Metropolitan in the food retailer's Research and Development department. He
spent his early professional career at a pharmaceutical company.
Mr. Patel holds a Bachelor's degree in Chemical Engineering from the
University of Glamorgan in South Wales (now the University of South Wales).
Avon, the company for women, is a leading global beauty company, with nearly
$11 billion in annual revenue. As one of the world's largest direct sellers,
Avon is sold through more than 6 million active independent Avon Sales
Representatives. Avon products are available in over 100 countries, and the
product line includes color cosmetics, skincare, fragrance, fashion and home
products, featuring such well-recognized brand names as Avon Color, ANEW,
Skin-So-Soft, Advance Techniques, and mark. Learn more about Avon and its
products at www.avoncompany.com.
SOURCE Avon Products, Inc.
Contact: MEDIA: Jennifer Vargas, 212-282-5404; INVESTORS: Amy Chasen or
Natalija Jovasevic, 212-282-5320
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