Jung, Andrea life and biography

Andrea Jung (born 1959 in Toronto, Ontario, Canada) is a North American business executive. In 2001, she was named one of the 30 most powerful women in America by Ladies Home Journal.

Jung is chairman of the board and chief executive officer of Avon Products, Inc., promoted to the position in November 1999. prior to this, she was president and chief operating officer over all business units of Avon worldwide. She has been on the company's board of directors since 1998.

Jung first came to Avon 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.

Previously, she was executive vice president of Neiman Marcus, where she handled issues regarding accessories, intimate women's apparel, cosmetics and children's wear. Before that, she was senior vice president, general merchandising manager, for I Magnin.

Jung has been on the board of directors of General Electric since 1998.

She joined Apple's board of directors on 7 January 2008.

Jung is a magna cum laude graduate of Princeton University and is fluent in Mandarin. Jung was named one of Forbes 100 Most powerful women in 2004. Her ex-husband, Michael Gould, is the CEO of Bloomingdale's, the company where she had her first job.

Her mother is a Shanghai-born chemical engineer-turned concert pianist. Jung's father is a Hong Kong-born partner at an architectural firm who also taught at the Massachusetts Institute of Technology. Andrea Jung was raised in Wellesley, Massachusetts.

While CEO of Avon Products in 2009, Jung received a total compensation of $6,997,015, which included a base salary of $1,375,000, a cash bonus of $3,043,906, options granted of $2,395,162, as well as $182,947 in other compensation.

Read more