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Andrea Jung (鍾彬嫻, pinyin: Zhōng Bīnxián, born 1958) is president and CEO of Grameen America, a nonprofit microfinance organization founded by Nobel Peace Prize winner, Muhammad Yunus.[1] She is presently a member of the Apple Board of Directors.[2]
Education[]
Jung graduated magna cum laude from Princeton University and is fluent in Mandarin Chinese.
Career[]
Jung was previously the Chairman and Chief Executive Officer of Avon Products, responsible for developing and executing all of the company’s long-term growth strategies, launching new brand initiatives, developing earnings opportunities for women worldwide, and defining Avon as the premier direct seller of beauty products. Jung was appointed CEO in 1999 and elected Chairman in 2001. She has been a member of the Board of Directors since January 1998.
Prior to her CEO role, Jung was President and Chief Operating Officer, with full P&L responsibility for Avon’s business units worldwide. From 1996 to 1998, she ascended to senior level positions within Avon’s product marketing group, where she oversaw research and development, market research, strategic planning, joint ventures and alliances. She joined the company in January 1994 as President, Product Marketing Group, Avon U.S.
Before Avon, Jung was Executive Vice President at Neiman Marcus from 1991 to 1993, responsible for accessories, cosmetics and women’s, intimate and children’s apparel. Prior to that, she was Senior Vice President, General Merchandising Manager, at I. Magnin from 1987 to 1991.
In 2008, Jung was appointed Chair of the World Federation of Direct Selling Associations, (WFDSA). She became the first woman elected chair of the Cosmetic, Toiletry, and Fragrance Association in March 2001, a role she held until early 2005. She currently serves on the Board of Directors of the General Electric Company and is a member of the New York Presbyterian Hospital Board of Trustees and the Catalyst Board of Directors. She was elected to Apple's board of directors on January 7, 2008.[2]
Jung received the 2010 Clinton Global Citizen Award for the corporate sector, which recognizes visionary leadership in solving pressing global challenges. In 2010, she ranked #5 on Fortune magazine's "50 Most Powerful Women in Business" list, which she has been on since its inception, and ranked #2 on the Financial Times’ “Top Women in World Business” list for the second year in a row.
References[]
- ↑ Lublin, Joann S.. "Andrea Jung, Former Avon CEO, to Run Microfinance Group", The Wall Street Journal, Dow Jones & Company, Inc., 2014-04-04. Retrieved on 2014-04-07.
- ↑ 2.0 2.1 Andrea Jung Joins Apple’s Board of Directors, Apple Inc. 2008-01-07.
External links[]
- Andrea Jung at Grameen America
- Andrea Jung at Bloomberg
- Andrea Jung at Forbes
- Andrea Jung at Wikipedia