Another Exec Pushed Out At Avon
Avon Products fired its vice chairman, Charles Cramb, who was in charge of developing markets. There is a concern that he knew of bribery at the firm’s overseas arms. Avon may have violated the Foreign Corrupt Practices Act Cramp’s exit…
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Avon Products fired its vice chairman, Charles Cramb, who was in charge of developing markets. There is a concern that he knew of bribery at the firm’s overseas arms. Avon may have violated the Foreign Corrupt Practices Act
Cramp’s exit follows closely on the board’s decision to kick long time CEO Andrea Jung out of that job. Over the objections of many, she will stay as executive chairman
Contact [email protected] for any questions or corrections.
