Avon Products Inc. (AVP)

[getmoreshares]

On December 19, 2019, Avon Products, Inc. (the “Company”), with prior approval from the Company’s Compensation and Management Development Committee of the Board of Directors, accelerated and paid to Gustavo Arnal, the Company’s Chief Financial Officer, a sign-on cash award of £702,000 that, under Mr. Arnal’s employment agreement, was originally scheduled to be paid in March of 2020.