October 1, 2008 Hunt-Scanlon Names Andrea Jung of Avon Products as 2008 Human Capital Advantage Award Recipient
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Greenwich, CT, October 1, 2008 - Hunt-Scanlon Advisors, the leading provider of news, information and analysis on the executive search and human capital industries, announced today that it will present Andrea Jung, chairman and chief executive officer at Avon Products, Inc., with the 2008 Hunt-Scanlon Human Capital Advantage Award. Ms. Jung is the eighth recipient of the award, which recognizes a leading U.S. chief executive who demonstrates an extraordinary commitment to human capital management initiatives and has led his or her organization to long-term sustainable success. Past winners include Jeff Fettig of Whirlpool Corporation; Robert Nardelli of The Home Depot; Roger Farah of Polo Ralph Lauren; Michael J. Critelli of Pitney Bowes; William Wrigley Jr. of The Wrigley Company; Henry McKinnell of Pfizer; and Indra Nooyi of PepsiCo. Hunt-Scanlon will present the award at its annual New York Human Capital Conference, "Workforce Strategies for Global Employers," to be held October 7-8 at the Metropolitan Club. Since joining Avon as chief executive officer in 1999, Ms. Jung has put a strong focus on human capital management and essential leadership qualities. With a passion for her work, Ms. Jung encourages honest, candid and open communication with all of Avon’s employees. Leading by example, she highlights the importance of integrity, character, compassion, humility, pride and courage on a day to day basis. Through her excellent communication, accessibility and exemplary leadership style, Ms. Jung has created a unified vision of her organization’s values that engages employees and inspires them with a strong sense of purpose. Her focus on positive human capital management has resulted in an organization that enjoys high levels of customer satisfaction, positive market perception, and superior shareholder value. Andrea Jung, chairman and CEO of Avon said, “It’s an extraordinary privilege to receive the 2008 Hunt-Scanlon Human Capital Advantage Award. At the end of the day, there’s nothing more important to the success of your business than your people. This is especially true at Avon, where the very nature of our business model is based on the power of relationships. We have 40,000 Associates and more than 5.5 million Avon Representatives in over 100 countries. They are the key to our business success, and it is on their behalf that we are very honored to accept this prestigious award.” Ms. Jung was appointed chief executive officer of Avon 1999 and elected chairman in 2001. She has been a member of the board of directors since January 1998. Ms. Jung joined Avon in January 1994 as president of Product Marketing Group, Avon U.S. and continued to ascend to senior level positions such as president and chief operating officer. Prior to this, Ms. Jung was executive vice president at Neiman Marcus from 1991 to 1993 and was also senior vice president, general merchandising manager at I. Magnin from 1987 to 1991. Ms. Jung is a magna cum laude graduate of Princeton University and is fluent in Chinese (Mandarin). ABOUT HUNT-SCANLON
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