Andrea Jung

Quick Facts

Full Name	Andrea Jung
Occupation	Businessperson
Date Of Birth	Aug 28, 1959(1959-08-28)
Age	65
Birthplace	Toronto
Country	United States
Horoscope	Capricorn

Andrea Jung Biography

Andrea Jung is one of the most popular and richest Celebrity who was born on August 28, 1959 in Toronto, United States. Jung was born in Toronto, Ontario in 1958 and raised in Wellesley, Massachusetts. As a child, she studied the piano and took lessons in Mandarin on Saturday mornings.

Jung received the 2010 Clinton Global Citizen Award for her leadership of Avon Foundation for Women and other public-private partnerships to end violence against women and to stem the breast cancer epidemic. Under her leadership, the Avon Foundation for Women raised and awarded nearly $1 billion to support health and empowerment causes, becoming the largest women-focused corporate philanthropy around the world.

After resigning her CEO role at Avon, Jung continued as chair of Avon’s board of directors through the end of 2012 and then as a senior advisor to Avon’s board through April, 2014.

In 2014, Andrea Jung became president and chief executive officer of a non- profit organization, Grameen America. This organization, founded by Muhammad Yunus, a Bangladeshi economist, “provided assistance, often in the form of microloans, to women looking to start small businesses.”

Jung was named one of Forbes magazine’s 100 Most powerful women in 2004. In 2009, Forbes ranked her the 25th most powerful woman. In 2012, she was named in the list of the worst 5 CEOs of 2012 by Bloomberg Businessweek.

Andrea Jung Net Worth

Andrea Jung is one of the richest Businessperson from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Andrea Jung 's net worth $5 Million. (Last Update: December 11, 2023)

Andrea Jung (鍾彬嫻, pinyin: Zhōng Bīnxián, jyutping: zung1 ban1 haa4) (born 1958) is a Canadian-American executive, non-profit leader, and prominent women’s-issues supporter. In April, 2014, she became President and CEO of Grameen America, a nonprofit microfinance organization founded by Nobel Peace Prize winner, Muhammad Yunus. Grameen is the fastest-growing microfinance organization in the United States, providing the largest number of microfinance loans to individuals and small businesses. From 1999 until 2012, she served as the first female CEO and chairman of Avon Products, Inc., a multi-level marketing company. Jung was also the first woman to serve as Chairman of the Cosmetic, Toiletry & Fragrance Association, and Chairman of the World Federation of Direct Selling Associations.

Jung joined Avon Products, Inc. in 1994 as the company’s president in its product marketing group. She became president of global marketing in 1996 and executive vice president/president of global marketing and new business in

1997. Her responsibilities at that time centered primarily around market research, joint ventures and strategic planning. She then became president and chief operating officer, with responsibility for all business units of Avon worldwide. She has been on the company’s board of directors since 1998. In November 1999, Jung was promoted to chairman of the board and chief executive officer.

In December 2011, Avon announced that it had initiated a search for a new chief executive with Jung helping to choose her replacement and continuing as chairman of the board for the next two years. Avon faced several controversies at the time of her resignation. The company’s stock had dropped 45 percent in

2011. Avon’s third quarter earnings report stated that sales targets would be unattainable and disclosed that there were two ongoing SEC inquiries. Net income in the third quarter fell to $164.2 million, or 38 cents a share (below analysts’ estimates of 46 cents a share), from $166.7 million, or 38 cents, a year earlier. The results marked the fourth time in five-quarters that profit trailed analysts’ projections. There was also a three-year probe into an alleged bribery of foreign officials has already caused the dismissal of four Avon executives.

Height, Weight & Body Measurements

Andrea Jung height Not available right now. Andrea weight Not Known & body measurements will update soon.

Who is Andrea Jung Dating?

According to our records, Andrea Jung married to Michael Gould. As of December 1, 2023, Andrea Jung’s is not dating anyone.

Relationships Record : We have no records of past relationships for Andrea Jung. You may help us to build the dating records for Andrea Jung!

Facts & Trivia

Andrea Ranked on the list of most popular Celebrity. Also ranked in the elit list of famous people born in United States. Andrea Jung celebrates birthday on August 28 of every year.

Top Facts about Andrea Jung

1. Andrea Jung is a Canadian-American businesswoman.
2. She was the CEO of Avon Products from 1999-2012.
3. Jung was the first woman to lead a cosmetic company.
4. Under her leadership, Avon’s revenue grew to $10 billion.
5. She is currently on the board of Apple and Unilever.
6. Jung has been named one of Forbes’ Most Powerful Women multiple times.
7. She graduated magna cum laude from Princeton University in 1979.
8. Jung serves on the board of directors for several non-profit organizations.
9. In 2014, she was appointed as President and CEO of Grameen America.
10. Her net worth is estimated at $300 million USD

Why did Andrea Jung leave Avon?

Avon never recovered from the blunders that Andrea Jung presided over. After Jung’s several turnaround efforts had failed to take hold , she resigned in

2011. Her replacement, former Johnson & Johnson executive Sheri McCoy, has since struggled to turn the company around. The bribery scandal in China impaired Avon.

Is Andrea Jung still CEO of Avon?

Ms. Jung, the longest-serving female chief executive in the Fortune 500, is respected as a trailblazer for women. She served as CEO of Avon from 1999 through April 2012 , and as Chairman from 2001 through December 2012.

How long was Andrea Jung CEO of Avon?

Andrea Jung, (born 1959, Toronto, Ontario, Canada), Canadian-born American businesswoman who was chairman (2001–12) and CEO ( 1999–2012 ) of Avon Products, Inc.

What type of leader is Andrea Jung?

Andrea Jung
Occupation| President, CEO of Grameen America
Spouse| Michael Gould (divorced)

Who is the owner of Avon?

TypePrivate
Founded| 1886
Founder| David H. McConnell
Headquarters| London, United Kingdom
Area served| Worldwide