Avon Products Inc.

Ms. Jung was elected Chairman of the Board of Directors and Chief Executive Officer of the Company effective September 2001, having previously served as Chief Executive Officer since November 1999. Ms. Jung has been a member of the Board of Directors since January 1998 and was President from January 1998 to January 2001 and Chief Operating Officer from July 1998 to November 1999. She was elected an Executive Vice President of the Company in March 1997 concurrently continuing as President, Global Marketing, a position she held from July 1996 to the end of 1997. Ms. Jung joined the Company in January 1994 as President, Product Marketing for Avon U.S. Previously, she was Executive Vice President for Neiman Marcus and a Senior Vice President for I. Magnin. Ms. Jung is a director of Apple Inc. and the General Electric Company. She is a member of the N.Y. Presbyterian Hospital Board of Trustees, a director of Catalyst and Chairman of the World Federation of Direct Selling Associations.

Gary Rodkin, chief executive officer, joined ConAgra Foods in October of 2005. Under his leadership, the company has transformed itself from a holding company for dozens of brands and businesses to a more unified operating company. In fact, Rodkin’s new vision statement for ConAgra Foods is “one company, growing by nourishing lives and finding a better way today … one bite at a time.” As CEO, Rodkin is responsible for a broad portfolio of trusted, leading consumer brands, including Healthy Choice, Chef Boyardee, Egg Beaters, Hebrew National, Hunt’s, Marie Callender’s, Orville Redenbacher’s, PAM, Wesson and Banquet, among others. ConAgra Foods brands are found in 96% of U.S. Households and 26 of the company’s brands are ranked first or second in their category. The company also has a very significant presence in commercial food products and ingredients. In fact, its Lamb Weston unit is the nation’s largest potato company. As part of Rodkin’s number one priority for ConAgra Foods—sustainable, profitable growth—he has led significant culture change. His work in driving simplicity—one of the company’s core operating principles—was featured in the Dec. 2007 Harvard Business Review. Prior to joining ConAgra Foods, Rodkin was chairman and chief executive officer of PepsiCo Beverages and Foods North America, where he led a $10 billion organization which included leading brands such as Pepsi, Gatorade, Quaker Foods, and Tropicana. Rodkin joined PepsiCo in 1998 after it acquired Tropicana, where he had served as president since 1995. From 1979 to 1995, Rodkin held marketing and general management positions of increasing responsibility at General Mills, with his last three years at the company as president, Yoplait-Colombo. Rodkin earned his bachelor's degree in economics from Rutgers College and an MBA from Harvard Business School. He also serves as a director on the boards of Avon Products, Inc., Grocery Manufacturers Association and Boys Town.

Elizabeth A. Smith, President, is responsible for Avon’s world-wide product-to-market processes, infrastructure and systems, which includes Global Brand Marketing, Global Sales, Global Supply Chain and Global Information Technology. Ms. Smith joined Avon in January 2005 as President, Global Brand and was given the additional role of leading Avon North America in August 2005. Prior to joining Avon, Ms. Smith worked for 14 years at Kraft Foods Inc, where most recently she served as the Group Vice President and President of the U.S. Beverages and Grocery Sectors, overseeing a total of $6 billion in sales. Previously, she served as Group Vice President of Kraft Foods North America and President of Kraft Beverages, Desserts and Cereals – a $4 billion dollar sector which includes Maxwell House, Crystal Light and Cool Whip. From 2000 to 2002, Ms. Smith was Executive Vice President and General Manager of the Beverage Division, overseeing the successful expansion of the “Ready to Drink” businesses. Her career at Kraft also includes working as Category Business Director and General Manager for Kraft’s Callard & Bowser-Suchard, where she helped develop Altoids mints into a leading brand. In the beginning of her tenure with the company, Ms. Smith supervised the revitalization of the Jell-O brand and was recognized by Advertising Age magazine as one of the top marketers in 1996. Prior to working at Kraft, Ms. Smith worked as a financial analyst in private placements at Paine Webber, Inc. Ms. Smith has been on Fortune Magazine’s “50 Most Powerful Women in Business” list in 2007 and 2008. Ms. Smith is a member of the Boards of Directors of Staples and the Personal Care Products Council. She holds a B.A., Phi Beta Kappa, from the University of Virginia and an M.B.A. from Stanford University Graduate School of Business.

harles Cramb, Vice Chairman, Chief Finance and Strategy Officer, is responsible for strategic leadership of Avon’s business transformation and restructuring initiatives and also oversees Finance, Strategic Planning and Investor Relations. Mr. Cramb, joined Avon in November 2005 from Gillette Co. where he acquired 35 years of experience in finance and technology. He was most recently Senior Vice President, Finance and Chief Financial Officer. Prior to that role, he was Vice President and Corporate Controller, and from 1988 to 1995, was Vice President, Finance and Strategic Planning, North Atlantic Group. In addition to his roles in finance, Mr. Cramb headed Gillette’s information technology function and chaired the company’s IT Advisory Council. He also held key leadership positions in business transformation, strategic and financial planning and marketing, and worked extensively in senior line management in the company’s international operations. Mr. Cramb is a member of the Board of Directors of Idenix Pharmaceuticals, where he is on the Compensation Committee and is Chairman of the Audit Committee. He is also on the Board of Directors of Tenneco Automotive, where he is Chairman of the Audit Committee. Mr. Cramb holds a B.A. from Dartmouth College and an M.B.A from the University of Chicago.

Donagh Herlihy, Vice President—People, Learning & Development and Chief Information Officer, came to Wrigley five years ago from Gillette, and has led efforts to develop and strengthen the Wrigley Company's information technology infrastructure and team. He has 20 years of experience in the automotive and consumer packaged goods industries and has held positions in industrial engineering, supply chain management and IT in Europe and the United States.

Bennett R. Gallina, Senior Vice President, China, Western Europe, the Middle East and Africa, has full profit-and-loss responsibility for Avon’s operations in all those regions. A 32-year veteran of Avon, Mr. Gallina is one of Avon's most seasoned international executives. Previously, Mr. Gallina was Senior Vice President and President, Asia Pacific, and had full profit-and-loss responsibility for Avon’s operations in a vast region that includes China, Japan, the Philippines, Australia, Taiwan and South Korea. From 2000 to 2004, Mr. Gallina was Senior Vice President, Global Operations, responsible for aligning customer service, manufacturing and supply chain. In this role, Mr. Gallina also led the global business transformation area, addressing process enhancements in the marketing and supply chain areas From 1998 to 2000, Mr. Gallina served as President of Avon Canada, where his he modernized Avon’s Canadian operations through a redesign of the operation’s business processes and by leveraging technology. From 1996 to 1998, he served as Group Vice President, Finance, North America. Mr. Gallina joined Avon in 1977 in the finance division. He held numerous senior level financial positions including U.S. Controller and then Vice President, Finance, U.S. with later additional responsibilities for Canada and Puerto Rico. Mr. Gallina received his B.A. in Accounting from Queens College in New York.

Charles M. Herington, Executive Vice President, Latin America, has full profit-and-loss responsibility for Avon’s operations in a vast region that encompasses Mexico, Central America and all of South America. Mr. Herington joined Avon in March 2006 after 25 years of experience of working in Latin America with major brand name consumer marketing companies. Before joining Avon, Mr. Herington spent six years at AOL Latin America as President and Chief Executive Officer. Earlier in his career Mr. Herington served as President, Revlon, Latin America, where he played an instrumental role in helping to restructure Revlon’s business, streamline staffing and revive the company’s local hair care brands. Before that, he held progressively responsible positions at PepsiCo Restaurants International to eventually become Regional Vice President of KFC, Pizza Hut and Taco Bell for South America, Central America and the Caribbean. During the 1980s, Mr. Herington held a series of increasingly responsible positions in product marketing at The Procter & Gamble Company in a number of Latin American markets and Canada. Mr. Herington is a member of the Board of Directors of Molson-Coors and NII Holdings (formerly Nextel International).

Geralyn R. Breig, Senior Vice President and President, North America, is responsible for Avon’s business performance in North America, which includes the United States, Canada, Puerto Rico & the Dominican Republic. She has full profit-and-loss responsibility for Avon’s operations in that geography. Ms. Breig directly oversees strategy, finance, marketing, communications and human resources for the region, as well as the U.S. Sales Organization. She is a member of the Avon Executive Committee, and reports to the Chairman & CEO of Avon Products, Inc. Ms. Breig joined Avon in December 2005 as Senior Vice President & Global Brand President responsible for Global Marketing, including Research & Development.. In that role, she established the Global Marketing Business Unit for Avon, globalizing all product innovation, advertising, and media activities and significantly transforming and contemporizing the Avon brand. Under Ms. Breig’s leadership, Avon launched its first truly global advertising campaign, and the company’s global alliance strategy and portfolio of designer, celebrity and equity partnerships was established. Prior to joining Avon, Ms. Breig was President, Godiva Chocolatier International, a division of the Campbell Soup Company, where she managed a business portfolio spanning 85 countries and multiple sales channels. In that role, she was responsible for upgrading the product line, enhancing store productivity, improving creative and dramatically increasing supply chain efficiencies to fund growth initiatives. Before her role with Godiva, Ms. Breig was Vice President of Marketing for Campbell Soup’s Pepperidge Farm division, and before that she was Vice President of Marketing for the company’s Biscuit Division. Ms. Breig joined Campbell Soup in 1995 as Vice President, Strategy and Business Development, Pepperidge Farm. Earlier in her career, Ms. Breig spent nine years at Kraft Foods where she held increasingly responsible positions in marketing. She began her career in marketing in the Beauty Care Division of Procter & Gamble. Ms. Breig serves on the Senior Management Committee of the Association of National Advertisers (ANA). She is a member of the Global Effie Advisory Board which governs the Effie awards for outstanding achievement in advertising presented by the American Marketing Association (AMA), of which she has been a recipient. Ms. Breig is also a director of The Personal Care Products Council, and a former member of the Young President’s Organization. In 2000, Ms. Breig received the “Mothering That Works” award from Working Mother magazine, and in 1997, she was named “Marketer of the Year” by Brandweek magazine. Ms. Breig holds a B.S. in Economics magna cum laude from The Wharton School of Business at the University of Pennsylvania.

James C. Wei, Senior Vice President, Asia Pacific, has full profit-and-loss responsibility for Avon’s operations in a region that includes Japan, Taiwan, Australia, and India. Previously, Mr. Wei was Vice President, New Markets and Strategic Planning, Asia Pacific. In that position, he was responsible for developing and implementing Avon’s business strategies, overseeing the entry into new markets such as Vietnam, and identifying new platforms for growth in Asia. Mr. Wei joined Avon in 2003 as Regional Vice President, Strategic Planning, Asia Pacific. Before joining Avon, Mr. Wei spent 19 years at Procter & Gamble where he rose to become Vice President and General Manager of Procter & Gamble Greater China, overseeing the company’s US$1 billion health and beauty care business in that region. He played an instrument part in the development of the business model for Greater China SKII (Procter & Gamble’s prestige beauty brand), Crest, and China Olay. Prior to that role, Mr. Wei held positions of increasing responsibility in marketing for Procter & Gamble in Europe, the U.S. and Asia, and was credited with the creation of the Pantene Pro-V global business model. Mr. Wei serves on the Board of Directors for Li Ning Company Limited, one of the leading sports footwear, apparel and accessories brand enterprises in the People’s Republic of China. He holds a B.S.E.E from National Taiwan University and an M.B.A. from the University of Chicago.

John Higson, Senior Vice President, Central and Eastern Europe, has full profit-and-loss responsibility for Avon’s operations in a vast region that encompasses Russia, Poland, Ukraine, the Czech Republic, Hungary, as well as the Baltic Counties and Finland, Romania and the Balkan countries. Previously, Mr. Higson was Area Vice President, Central Eastern Europe and held the additional role of General Manager, Avon Poland. From mid-1999 to 2001, Mr. Higson was head of Global Sales Development, a role in which he coordinated the development of the Sales Leadership strategy for worldwide implementation. From 1993 to 1999, Mr. Higson served as the first general manager of Avon Hungary, where he led Avon to achieve a Beauty Leadership position in that market. At the same time, he oversaw the opening of Avon’s businesses in Romania and Bulgaria. Mr. Higson joined Avon U.K. in 1985 as a management associate. He went on to hold the positions of Division Manager, Sales Planner, and Regional Director before his appointment as General Manager, Avon Hungary in 1993. Mr. Higson who now lives in Germany, is a citizen of the U.K. and studied Economics and Public Policy at the University of Leeds.

John F. Owen, Senior Vice President, Global Supply Chain, oversees all of Avon’s global supply chain functions, including sourcing, manufacturing, order fulfillment and logistics to ensure full alignment and integration with the company’s operating business unit efforts. A veteran of Avon for almost 29 years, Mr. Owen has had extensive experience in Avon’s fiscal operations and has held increasingly senior level positions in finance and business transformation. Prior to his current role, Mr. Owen was Senior Vice President and President, Europe, Middle East & Africa, and had full profit-and-loss responsibility for all of Avon’s operations in this region. Mr. Owen was Senior Vice President, Business Transformation, from 2002 to 2004. In that role, he spearheaded the development of Avon’s global supply chain strategy inclusive of designing a strategic blueprint integrating Avon’s supply chain processes worldwide. From 2000 to 2002, Mr. Owen served as Group Vice President, Global Finance. And from 1997 to 2000, he was Vice President, Finance North America. From 1996 to 1997, he was assigned full-time to the Finance Reengineering Team. From 1995 to 1996, Mr. Owen served as Global Finance Director responsible for the financial systems function and business process redesign. He served as Vice President, Finance, Avon Canada from 1992 to July 1995, and from 1990 to 1992, Mr. Owen was Director, Corporate Operations Analysis. After joining the company in 1980, Mr. Owen held a series of managerial positions in accounting, planning and analysis at the Rye Distribution facility, the Suffern Manufacturing facility and the New York office until 1989. Mr. Owen earned a B.A. in Accounting from Siena College and an executive M.B.A from Pace University.

Lucien joined Avon as Senior Vice President, Human Resources in September 2004. Throughout his career in human resources, Lucien has worked to ensure that HR strategies reflect and enable key business initiatives. His passion for talent and organizational development, business transformation, mergers and acquisitions as well as his experience working within a global operating model are well aligned to the strategic requirements of Avon’s transformation. Prior to joining Avon, Lucien was the Chief Human Resources Officer for PepsiCo’s Corporate Division, where he led PepsiCo’s widely-acclaimed talent development and succession planning process, and played a key role in rebuilding the capability and impact of the overall HR function. Additionally, he provided HR leadership for the company’s Business Transformation efforts and was a key player in the successful post-merger integration following PepsiCo’s $13 billion acquisition of Quaker Oats Co. in 2001. Lucien’s tenure at PepsiCo has also included broad international experience, with roles as Vice President, Human Resources for the Middle East, Pakistan and Africa, and as the HR Director for Central Europe. Before joining PepsiCo in 1991, Lucien held positions with British Rail and then with Mars U.K. Ltd. A native of the U.K., Lucien graduated from the University of Bristol in England.

Nancy Glaser is Senior Vice President, Global Communications. In this position she is responsible for internal and external communications worldwide, ensuring that Avon speaks in one voice to its key constituencies. Prior to this assignment, Glaser served successively as Group Vice President, Global Internal Communications; Vice President, Communications, North America; as well as Vice President, Global Advertising and Public Relations. Glaser joined Avon in 1986 as Director of Special Events and was named Director of Advertising and Public Relations in 1989. In 1991, her responsibilities broadened to include Consumer Affairs, and in 1992, she was promoted to Vice President. Prior to joining Avon, Glaser was Senior Vice President and member of the executive committee at Carl Byoir & Associates, a top international public relations agency. She has also held positions as Public Affairs Officer of the American Museum of Natural History, and Director of Employee Communications at Metropolitan Hospital Center. A graduate of the University of Michigan, Glaser received the Silver Anvil award in Marketing Communications from the Public Relations Society of America. She is a member of the Board of Directors of the Avon Foundation, the Direct Selling Education Foundation, the Girl Scouts Council of Greater New York, and sits on the Catalyst Board of Advisors. She has also been a guest lecturer for New York Women in Communications and local chapters of the Public Relations Society of America. Glaser is the mother of a 17-year-old daughter. She lives with her family in New York.

Mr. Weinbach was elected lead director in January 2009. He has been a partner of Yankee Hill Capital Management LLC, a private equity firm, since 2006. Prior to that, he was the executive chairman of Unisys Corporation, a worldwide information services and technology company, from 2005 to 2006, and its chairman and chief executive officer from 1997 to 2004. He began his career in 1961 at Arthur Andersen, ultimately serving as managing partner and chief executive of Andersen Worldwide, a global professional services organization, which included Arthur Andersen and the company known as Accenture from 1989 to 1997. Mr. Weinbach serves on the boards of directors of Avon Products, Inc., UBS AG and Quadra Realty Trust, Inc.

Jeri B. Finard, Senior Vice President, Global Brand President, is responsible for implementing and executing Avon’s brand marketing strategies. She also oversees the development and launch of Avon’s brand initiatives. Ms. Finard joined Avon in December 2008. Previously, Ms. Finard spent 21 years at Kraft Foods, Inc., where from 2006 to 2007, she was Executive Vice President and Global Chief Marketing Officer. In this role, she had responsibility for breakthrough product innovation, marketing centers of excellence, consumer insights and global marketing. Ms. Finard also served on Kraft’s Executive Team and helped lead the $32 billion company’s global strategy and operations. From 2004 to 2006, Ms. Finard was President, North American Beverages and Group Vice President, Kraft Foods, with full profit-and-loss responsibility for the company’s business operations and for restaging that business for sustainable long-term growth. Prior to that, Ms. Finard also served as Senior Vice President/General Manager of Kraft’s Coffee division (from 2003 to 2004) and Dessert division (from 2000 to 2003). In these roles, she helped drive revenue and market share gains for each business. Ms. Finard joined Kraft Foods in 1986. During her career there, she held increasingly important marketing and general management positions. Ms. Finard serves on the Board of Directors of Frontier Communications. She is a graduate of Brandeis University and holds an MBA from Columbia Business School.

Kim K.W. Rucker, Senior Vice President and General Counsel of Avon Products, Inc., directs all of Avon’s legal operations, which include matters relating to corporate governance, compliance, litigation, contracts, government affairs and intellectual property. Prior to joining Avon in March 2008, Ms. Rucker was Senior Vice President, Corporate Secretary and Chief Governance Officer for Energy Future Holdings, Corp. (formerly known as TXU Corp.) where she played a key role in the company’s recent $45 billion private equity transaction. She also guided its Board of Directors and senior management on numerous legal, business and policy-related matters, including: corporate governance; regulatory and compliance issues; strategic business transactions; executive compensation; disclosure strategy; corporate secretary and security functions. Previously, Ms. Rucker was corporate counsel for Kimberly-Clark Corporation at its world headquarters in Dallas, Texas, with responsibilities in corporate governance, corporate transactions, securities law and other general legal matters. Earlier in her career, Ms. Rucker was a partner in the Corporate & Securities group at Sidley Austin in Chicago, Illinois. Ms. Rucker is a 1987 Harry S. Truman Scholar and holds a B.B.A. in Economics from the University of Iowa from which she graduated with highest honors in 1989. Ms. Rucker earned her J.D. from Harvard Law School and a Master’s degree in Public Policy from the John F. Kennedy School of Government at Harvard University in 1993.

Srdjan Mijuskovic, Senior Vice President, Global Sales, is responsible for leading and developing Avon’s initiatives and strategies for its direct selling channel which today serves 5.8 million Avon Representatives worldwide. Previously, from 2005 to 2008, Mr. Mijuskovic was Vice President, Global Sales Strategy, a role in which he successfully partnered with Avon’s General Managers and sales leaders around the world in developing Avon’s direct selling strategies. From 2004-2005, he was Executive Director of Service Excellence for Central & Eastern Europe and served as a member of the CEE operating committee and from 2001 to 2004, he was General Manager of the South Eastern Cluster. Mr. Mijuskovic joined Avon in 1997 as Country Manager, Avon Romania, where he led the entry and growth of this key market in the Central and Eastern European Commercial Business Unit. As Country Manager of Romania, Mr. Mr. Mijuskovic focused on 100% implementation of both Sales Leadership and web enablement. Mr. Mijuskovic resides in New York with his family.

Ann Moore was appointed chairman and chief executive officer of Time Inc. in July 2002. In this position, Moore oversees the world’s leading magazine company. Time Inc. publishes approximately 150 magazines, which are read more than 300 million times worldwide on a monthly basis, and account for nearly a quarter of total advertising revenues of U.S. consumer magazines. Before assuming her current position, Moore served as executive vice president of Time Inc. since June 2001, responsible for the business and development operations for several of the most popular consumer magazines in publishing—Time, People, In Style, People en Español, Real Simple and The Parenting Group. In addition, she managed the consumer marketing division of Time Inc. Moore joined Time Inc. in 1978 as a corporate financial analyst and subsequently served in key executive positions at Sports Illustrated, Fortune, Money and Discover magazines. She was the founding publisher of Sports Illustrated for Kids in 1989, until going to People as its publisher in July 1991. She was named president of People in 1993. During her tenure, Moore took what was already the most profitable weekly magazine in the U.S. to new heights of success, both domestically and internationally. Under her guidance, People grew from a single title to the centerpiece of a thriving magazine family—spinning off the Australian Who Weekly, followed by In Style, People en Español, and Real Simple, as well as In Style’s growing international franchise. A native of McLean, Va., Moore graduated from Vanderbilt University in 1971 and received her M.B.A. from Harvard Business School in 1978. She joined Time Inc. later that year. Moore serves on the board of directors of Avon Products, Inc. and the Wallace Foundation. Her numerous awards and honors include her appearance on Fortune magazine’s list of “The 50 Most Powerful Women in American Business” for all nine years of its existence. In 2003, Moore received the first annual Time Warner Civic Leadership Award, which recognizes the senior executive at the company who does the most to foster a spirit of employee volunteerism and corporate responsibility.

Mr. Fogarty was the Chairman, President and Chief Executive Officer of Tambrands, Inc., a major global consumer products company, from September 1996 to July 1997. Prior to assuming that position, Mr. Fogarty was President and Chief Executive Officer of Tambrands from May 1994 to September 1996. Previously, he was President-USA/Canada/Puerto Rico for the Colgate–Palmolive Company from 1989 to 1994. From 1983 to 1989, he was President, Worldwide Consumer Products, at Corning Inc.

Ms. Lagomasino is the Chief Executive Officer of GenSpring Family Offices, an affiliate of Sun Trust Banks Inc. Prior to assuming this position in November 2005, Ms. Lagomasino was Chairman and Chief Executive Officer of JP Morgan Private Bank, a division of JP Morgan Chase & Co. from September 2001 to March 2005. Prior to assuming this position, Ms. Lagomasino was Managing Director at The Chase Manhattan Bank in charge of its Global Private Banking Group. Ms. Lagomasino had been with Chase Manhattan since 1983 in various positions in private banking. Prior to 1983 she was a Vice President at Citibank. She has previously served as Trustee of the Synergos Institute. Currently, she is a Board member of the Coca-Cola Company and Lincoln Center Theater and a Trustee of the National Geographic Society.

Mr. Pressler was President and Chief Executive Officer of Gap, Inc. from September 2002 to January 2007. He also served on Gap, Inc.’s Board of Directors from October 2002 until January 2007. Prior to joining Gap, Inc., Mr. Pressler spent fifteen years with The Walt Disney Company where he was Chairman of the company’s Global Theme Park and Resorts Division. Mr. Pressler previously served as President of Disneyland, President of The Disney Stores and Senior Vice President of Consumer Products. Prior to Disney, he was Vice President of Marketing and Design for Kenner-Parker Toys. Mr. Pressler is a director of Overture Acquisition Corp. and OpenTable, Inc.

V. Ann Hailey, age 58, is the Chief Financial Officer, Gilt Groupe. Previously she was with Limited Brands, Inc., where she served as Executive Vice President and Chief Financial Officer from 1997 to 2006 and as Executive Vice President, Corporate Development from 2006 to 2007. Prior to joining Limited Brands in 1997, Ms. Hailey was Senior Vice President and Chief Financial Officer of the Pillsbury Company. She is also a director of Avon Products, Inc. and Realogy Corporation, and serves on the audit committees of each of those companies. Ms. Hailey, an independent director, was first elected a director of Grainger in 2006 and is a member of the Audit Committee, an ''audit committee financial expert,'' and a member of the Board Affairs and Nominating Committee.