Avon Products, Inc. announced that Jan Zijderveld will step down as Chief Executive Officer concurrent with the pending closing of the sale of the company to Natura &Co Holding S.A. (B3: NTCO3), as Avon embarks upon the next chapter in its 130-year history, joining the Natura &Co family of companies. Mr. Zijderveld's departure is effective immediately upon closing, which is scheduled to occur later, January 3, 2020, and he will hand over leadership to Natura &Co Executive Chairman Roberto Marques and the leadership team that will be announced soon after the closing of Natura &Co's acquisition of Avon, which was announced on May 22, 2019.