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Friday, May 5, 2017

Activist investor seeks ouster of Avon CEO

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Avon Products Inc. Chief Executive Sheri McCoy faces new pressure following a surprise loss that sent the cosmetics seller’s stock tumbling Thursday. A year after the company struck two agreements expected to give Ms. McCoy time to execute a turnaround of the beleaguered door-to-door sales operation, an activist investor is calling for her to be replaced.

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May 05, 2017 at 05:42AM

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