People: Avon Products Inc (AVP.N)
Mr. Michael F. Sanford is Independent Director of the Company. Mr. Sanford is a Senior Managing Director, Co-Head of Private Equity, and a member of the Global Private Equity Investment Committee at private investment firm Cerberus Capital Management, L.P. Prior to joining Cerberus in 2006, Mr. Sanford was at The Blackstone Group (“Blackstone”) in its Restructuring and Reorganization Advisory Group from 2004 to 2006, where he advised companies and creditors on a variety of restructuring transactions. Prior to joining Blackstone, from 2003 to 2004, Mr. Sanford worked at Bank of America Securities in its Consumer and Retail Investment Banking Group, where he executed various financing, M&A and leveraged recapitalization transactions. He serves on the Board of Directors of DynCorp International Inc., Electrical Components International, Subcom, Navistar Defense and Tier 1 Group LLC and on the Board of Managers of New Avon LLC.
|Total Annual Compensation, USD||87,000|
|Restricted Stock Award, USD||115,000|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||61|
|Fiscal Year Total, USD||202,061|