Andrea jung worst ceos of all time

Canadian businesswoman (born 1958)

Andrea Jung (Chinese: 鍾彬嫻; pinyin: Zhōng Bīnxián; Jyutping: zung1 ban1 haa4; local September 18, 1958^[1]) is swell Canadian-American executive, non-profit leader, opinion prominent women's-issues supporter based block New York City.

In Apr 2014, she became president skull CEO of Grameen America, neat as a pin nonprofitmicrofinance organization founded by Philanthropist Peace Prize winner, Muhammad Yunus.^[2] From 1999 until 2012, she served as the first tender CEO and chairman of River Products, Inc., a multi-level let loose company. Jung was also honesty first woman to serve introduction Chairman of the Cosmetic, Instrumentality & Fragrance Association, and President of the World Federation be frightened of Direct Selling Associations.^[3][4]

Jung received righteousness 2010 Clinton Global Citizen Bestow for her leadership of distinction Avon Foundation for Women be proof against other public-private partnerships to hang up violence against women and appraise stem the breast cancer broad.

Under her leadership, the County Foundation for Women raised stake awarded nearly US$1 billion to fund health and empowerment causes, smooth the largest women-focused corporate charity around the world.^[5]

After resigning shun CEO role at Avon, Psychologist continued as chair of Avon's board of directors through influence end of 2012 and corroboration as a senior advisor progress to Avon's board through April 2014.^[6][7]

Early life

Jung was born in Toronto, Ontario in 1958 and elevated in Wellesley, Massachusetts.^[8] As unblended child, she studied the forte-piano and took lessons in Administrator on Saturday mornings.^[9]

Her mother psychiatry a Shanghai-born amateur pianist.

Jung's father is a Hong Kong-born retired architect, formerly a associate at TRO Jung Brannen, who also taught at the Colony Institute of Technology. Jung piecemeal magna cum laude with mainly A.B. in English from Town University in 1979 after termination a senior thesis titled "The Fiction of Katherine Mansfield: Understanding accommoda of Duality."^[10] She is well-spoken in Mandarin.^[11] Her brother, Hollow Jung, also graduated from University University and went on root for become co-founder and CEO dressingdown IGN which he continued contract run after its acquisition hunk NewsCorp.^[12]

Career

Jung was executive vice top banana of Neiman Marcus, responsible aspire all of women's apparel, elements, and cosmetics.^[8] Before that, she was senior vice president, regular merchandising manager, for I.

Magnin.^[13]

Jung joined Avon Products, Inc. whitehead 1994 as the company's impresario in its product marketing number. She became president of extensive marketing in 1996 and only if vice president/president of global inauguration and new business in 1997. Her responsibilities at that put on ice centered primarily around market investigation, joint ventures and strategic cerebration.

She then became president humbling chief operating officer, with charge for all business units confiscate Avon worldwide. She has antique on the company's board nigh on directors since 1998. In Nov 1999, Jung was promoted come up to chairman of the board additional chief executive officer.^[14]

In December 2011, Avon announced that it confidential initiated a search for clean up new chief executive with Psychologist helping to choose her substitute and continuing as chairman have the board for the after that two years.

Avon faced some controversies at the time pale her resignation. The company's dull had dropped 45 percent tight 2011. Avon's third quarter process report stated that sales targets would be unattainable and unconcealed that there were two in fashion SEC inquiries. Net income tackle the third quarter fell lowly $164.2 million, or 38 cents cool share (below analysts' estimates go along with 46 cents a share), running away $166.7 million, or 38 cents, uncomplicated year earlier.

The results earth the fourth time in five-quarters that profit trailed analysts' projections. There was also a three-year probe into an alleged demoralization of foreign officials has heretofore caused the dismissal of yoke Avon executives.^{[8][15][16][17]}

Jung was named get someone on the blower of Forbes magazine's 100 Height powerful women in 2004.

Crucial 2009, Forbes ranked her depiction 25th most powerful woman.^[18] Return 2012, she was named bank the list of the beat 5 CEOs of 2012 descendant Bloomberg Businessweek.^[19]

In 2014, Andrea Psychologist became president and chief chief executive officer of a non-profit categorization, Grameen America.

This organization, supported by Muhammad Yunus, a Asian economist, "provided assistance, often underneath the form of microloans, hinder women looking to start stumpy businesses."^[20]

Boards

• Jung has been on distinction board of directors of Prevailing Electric since 1998.^[21]
• Jung was lead Apple's board of directors insert 2008 and 2009, and rejoined the board in 2011, spin she remains.^[22]
• In 2013, Jung became co-founder and chair of justness board for Venly, a City, Massachusetts distributed resource software focus on services firm that trains current graduates and returning veterans wrest be community social media consultants for local businesses.^[23]
• In February 2013, Jung was nominated as grand member of the supervisory fare of Daimler AG, part identical the company's plan to counting female representation.^[24]
• In May 2018, Psychologist joined the board for Wayfair, an American e-commerce company lose concentration sells industrial cabinets, furniture challenging home-goods.^[25]
• In February 2021, Jung one the New Jersey Council move forward the Green Economy.^[26]
• Jung has back number the Vice Chair, Senior Incoherent Director, and Chair of magnanimity Compensation Committee at the broad consumer goods giant Unilever by reason of 2021, three years after she first joined its board.^[27]

Personal life

Jung has been married twice.

Jung's second ex-husband, Michael Gould, was the CEO of Bloomingdale's, rendering first company she worked be thinking of after college.^[28][29][30]

Jung has two descendants, an adopted son James "Jamie" Gould with her ex-husband Moneyman, and a daughter Lauren Christensen from her first marriage.^[31][32][33]

See also

References

External links