LG Household & Health Care’s acquisition of the North American operations of New Avon LLC announced back in April went through earlier this month. In connection with this transaction, Former President of Coca-Cola Korea Company Paul Yi has assumed the CEO duties from Laurie Ann Goldman, who led New Avon for the past eight months. […]

LG Household & Health Care, Ltd. announced it has entered into a definitive agreement with an affiliate of Cerberus Capital Management, L.P. and Avon Products, Inc. to acquire New Avon, LLC for $125 million in cash. LG H&H will acquire the entirety of Cerberus’ majority interest and Avon Worldwide’s minority interest in Avon North America. The transaction […]

New Avon LLC announced it has appointed Laurie Ann Goldman as chief executive officer, effective January 14, 2019. Goldman succeeds Scott White, who joined Avon in 2016 to lead its separation from Avon Products, Inc. and the operational transformation of Avon’s business in North America. Goldman, who joined Avon’s Board of Managers in August 2018, is a marketing and branding executive with more than 30 years […]