Gustavo Arnal has been announced as Avon’s executive vice president & chief financial officer, effective Spring 2019.

He will report directly to Jan Zijderveld, Avon’s chief executive officer as a member of the executive committee. Jamie Wilson, Avon’s current chief financial officer, has chosen to step down from his full-time executive role and will be pursuing a range of professional business opportunities in the next stage of his career.
 
Arnal is a seasoned global operating executive with over 25 years of experience working in strategy, operations and finance positions for consumer goods and retail businesses. He joins from Walgreens Boots Alliance (WBA), where he has served as senior vice president, CFO of International Divisions and Global Functions.
 
Prior to WBA, Arnal served for over 20 years, in a variety of executive positions, with Procter & Gamble (P&G.
 
“I am delighted to attract someone of Gustavo’s calibre to Avon, along with his significant and relevant international experience in many of the key markets in which we operate.  We expect to benefit from Gustavo’s operational experience in leading change in large regions and categories, while developing and driving robust financial performance,” said Zijderveld, Chief Executive Officer of Avon.
 
“Gustavo joins us at a critical time, as we continue to build Avon into the digital social selling beauty company for the future. A key component of our plan to ‘Open Up Avon’ includes accelerating our revenue and margins by 2021, and we are confident that Gustavo will be an asset to our leadership team as we continue our work to drive financial and operational performance for the benefit of shareholders.”
 
PHOTO: Gustavo Arnal, via LInkedIn