The richest women in the world Andrea Jung

Andrea Jung ( 鍾彬嫻 ) Chinese-American business executive In present: Chairman of the Board and chief executive officer (CEO) of Avon Products, Inc.

Andrea Jung: Remaking Avon It took 118 years for Avon to recognize that a woman should run the company. It took Andrea Jung just 6 years to show Avon that she was that woman.

Biography Born in 1959 in Toronto, Ontario, Canada Was married to Michael Gould and they had two children:a daughter and a son. Her mother was born in Shanghai and was a chemical engineer Her father was born in Hong Kong and was an architect has one younger brother, Mark

Education Jung is a magna cum laude graduate of Princeton University with a degree in English literature is fluent in Mandarin

Career 1979–1985, vice president and merchandising manager at Bloomingdale company (FIRST BUSINESS SUCCESS); 1985–1987, general merchandising manager, J. W. Robinson ; 1987–1991, senior vice president and general merchandising manager, I. Magnin ; 1991–1994, executive vice president, Neiman Marcus ;

The most successful career: AVON 1994,president in product marketing ; 1996, president of global marketing; 1997, executive vice president/president of global marketing ; 1998–1999, president and chief operating officer ; 1999, chief executive officer; 2001, chairman ;

Compensation AVON a total compensation of $6,997,015/year =>base salary: $1,375,000 =>cash bonus: $3,043,906 =>options granted: $2,395,162 =>other compensation: $182,947

Worldwide recognition 2oo1-was named one of the 30 most powerful women in America by Ladies Home Journal 2oo4-was named one of Forbes 100 Most powerful women 2oo9 - the 25th most powerful woman

Philanthropy A.J. has used her prominent position as CEO to rise money for the Avon Foundation’s efforts against breast cancer and support domestic violence projects. In 2002,the Cosmetic Executive Women Foundation awarded her the “Best Boss Award”

What Andrea Jung think… “Our success is measured not only by the fact that we are world leaders in the cosmetics market, but also the fact that we managed to open so many doors and change so many lives”

Our opinion: What did Andrea Jung, shows the whole world that a women can put up a business like a man. It needs ambition and, what is most important, to love what she do. AVON represents her, that’s the reason why she always tries to change something that can help the image of the company. Bârghiş Adina & Ursu Roxana