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...(Financial Times) - Avon hires Sheri McCoy, a Johnson & Johnson vice-chairman, as its new chief executive in a move that underscores its determination to fend off an unsolicited $10bn takeover approach...
...The hiring of Sheri McCoy is part of efforts to resist a takeover bid from Coty, the perfume-maker....
...Elsewhere, the Dow Jones Industrial Average slid 1 per cent to 12,929.59....
...America presidentSince September 2009, previously P&G president Feminine and Healthcare Deb Henretta, Proctor & Gamble Asia Group presidentSince 2006, previously Asean, Australia and India president Sheri...
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