Avon 2009 Annual Report Download - page 13

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As we implement these strategies, we will continue to be guided by our unique
and compelling mission to serve women. This commitment goes well beyond
the fundamentals of our business model and is reflected in our leadership in
social responsibility. The Avon Foundation for Women is the world’s largest
corporate philanthropy for women, having raised and awarded $725 million for
the causes women have told us they care about most. We are leaders in the
fights against breast cancer and domestic violence. We rank high on the list
of the most environmentally responsible companies. And when disaster strikes,
whether floods, earthquakes or even the terrorist attack of 9/11, Avon is there to
support women and families. Most recently we were proud to donate more than
$1 million to support the people of Haiti.
In closing, I want to acknowledge all those who have supported us on our
extraordinary journey, never more so than during the challenges of 2009. I want to
thank our six million Avon Representatives and more than 40,000 Avon Associates
for their dedication and commitment to our company. I want to recognize Avon’s
outstanding Board of Directors for their invaluable guidance and counsel. In
particular, I would like to honor and thank Edward T. Fogarty, who is retiring this
year after 15 years of outstanding board service. And, very importantly, I want
to thank you, the Avon shareholder, for having confidence in our management
team and supporting us as we have taken the bold but necessary steps to set
Avon on the road to long-term sustainable profitable growth.
On the eve of the incredible milestone of Avon’s 125th anniversary, I promise that
we will rededicate ourselves to this destination. We will reaffirm our belief in the
exceptional opportunities ahead. And most importantly, we will recommit to the
unique purpose on which Avon was founded, and which continues to distinguish
us as a beacon of hope and opportunity for women around the world.
This is the company that puts mascara on lashes and food on tables, that fi ghts
wrinkles with one hand and Breast Cancer with the other. That knows the value of
a perfect lip, but still opens its mouth and speaks out against Domestic Violence
and for women’s financial independence. This is the company that not only
brings beauty to doors, but also opens them. The company that supports 6 million
Representatives in over one hundred countries. This is Avon. The company, that for
125 years, has stood for beauty, innovation, optimism and above all for women.
Andrea Jung
Chairman and Chief Executive Officer
March 2010
2009 Annual Report
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