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This Week: Avon CEO on the Hotseat, the Power of ‘No’

BY DSN Staff | January 01, 2016 | read / Daily News

Catch up on this week’s industry chatter with these click-worthy links:

  • The CEO role is never an easy one, but some years make more demands than others. Fortune took a look at seven CEOs who will find themselves on the hotseat in 2016, including Avon’s Sheri McCoy. Having presided over the sale of Avon’s declining North America business, McCoy now faces the task of revitalizing the beauty brand’s international operations.
  • With resolution season upon us, PEOPLE magazine published its Half Their Size issue, featuring six individuals who used a variety of weight-loss programs, including Beachbody and Take Shape For Life, to shed half their weight—a combined 770 pounds!—in 2015. Michael MacDonald, CEO of Take Shape For Life parent Medifast, recently spoke to The Street about this busy time of year for the weight-loss industry and the company’s plans to introduce a sports nutrition line in January 2016.
  • Ambit Energy has refunded nearly $1 million to New York customers following an investigation into consumer complaints by the state’s Department of Public Service. The department’s consumer advocate, put in place in 2015, had already secured more than $3 million in returned fees from energy companies. In a statement, Ambit admitted no wrongdoing in its billing practices, the crux of the complaints, but said it “voluntarily initiated a customer refund program and obtained department approval of the manner in which Ambit addressed certain customer complaints.”
  • Learning when to say no is key to productivity—not to mention sanity—but sometimes difficult to master. Jessica Herrin, Founder and CEO of Stella & Dot, spoke to The Wall Street Journal about laying down the law when it comes to spending time with her kids, and how identifying priorities makes it easy to just say no.
  •  

Posted in Daily News and tagged Sheri McCoy.
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