Avon hires new head of Strategy as turnaround continues
Recent Avon results showed that the company is continuing to rebound from a turbulent couple of years, and with Nancy Killefer also coming on board earlier this month, the addition of Salsberg, 40, from the same company, should strengthen its position further, particularly in Asia.
Reporting to Avon CEO Sheri McCoy, the Cornell University and Harvard graduate will also join the company's Executive Committee.
Turnaround
"As we continue our work of turning Avon around, Brian will play a key role in helping to optimize our growth strategy," says McCoy.
"Brian's experience developing and leading innovation strategies with blue-chip global consumer companies in Asia and around the world will make him a great asset, and I am pleased to welcome him to the team."
Salsberg will be responsible for helping to define and develop the global strategic growth plan for the company.
In the role, he will work in close partnership with McCoy and the senior leadership team to build the company's capabilities across strategy, market stabilization, innovation and growth.
Salsberg will also work with the Executive Committee to expand the company's capabilities on key issues, including the business model of the future and optimal geographic footprint.
He’s got history
Salsberg joins Avon much like Killefer before him, from McKinsey & Company, where he was a Partner and most recently served as a co-leader of the firm's consumer and retail practice in Asia.
In that role, he advised Asia-based multinational corporations as well as international companies with Asia central to their strategy.
Prior to his Asia assignment, Salsberg was a McKinsey Partner in North America, where he worked with a number of top consumer companies. He was an Associate at Cravath, Swaine & Moore LLP, the New York-based law firm, before he joined McKinsey.