[straight news network Beijing April 19 hearing] (Sina) new Avon (4.99, -0.02, 0.40%) (New Avon LLC) announced that appointed Abbott (43.95, 0.54, 1.24%) Pharmaceutical (ABT) executive J. Scott white as chief executive next week with the arrival of. He will be responsible for the inventory of AVON (Products Inc. Avon, AVP) of the former North American business, namely the new AVON.

Avon last month and private-equity firm Cerberus capital management to reach an agreement, which will to the troubled beauty products injection $4.35 billion, to its North American business divestiture, and by an additional $1.7 billion investment, the business to build into an independent company.

On April 25th to join the new AVON White is a former International President of Abbott nutrition. In Abbott's 10 years, he served as president of North American Nutrition Business and other management positions.

AVON said in March that its North American operations in the year 2015 operating profit growth, although revenue due to a large reduction of the plan and the decline. 3

(original title: new Avon Co appointed Abbott executives as CEO)

Editor: Xiao Shen

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