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UPDATE 1-PZ Cussons taps Avon executive Jonathan Myers as its new CEO

Published 19/03/2020, 08:56
PZC
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(Adds details on Myers, chairwoman quote, background)
March 19 (Reuters) - British cosmetics and soap maker PZ
Cussons Plc PZC.L on Thursday named Avon Products executive
Jonathan Myers as its new chief executive officer, in a bid to
turnaround its business at home as well as in Africa.
Currently chief operating officer at beauty products company
Avon Products, Myers will join on May 1.
Myers is a seasoned fast moving consumer goods (FMCG)
executive whose resume includes senior leadership roles at
companies including Gillette maker Procter & Gamble PG.N and
corn flakes maker Kellogg K.N .
At Procter & Gamble, Myers rose to become general manager,
Oral Care and Feminine Care for the Greater China Region, before
moving to Kellogg where he also held senior leadership roles,
including serving as managing director, UK and Ireland from 2012
and vice president, European Markets from 2014, the companies
said in a statement on Thursday.
"His wealth of experience in our product categories and of
doing business in both developed and developing markets will be
invaluable. In addition, Jonathan's track record of successful
business turnarounds will serve us well," Caroline Silver,
chairwoman of PZ Cussons said.
Myers replaces Alex Kanellis, who retired as chief executive
officer in January, after launching the company on a turnaround
plan that has included selling non-core businesses in Africa and
Poland, where demand has been soft.

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