Apple has appointed Andrea Jung, chairman and CEO of Avon Products, to its board of directors.
Fluent in Mandarin and a magna cum laude graduate of Princeton University, Jung was the first woman elected chair of the Cosmetic, Toiletry, and Fragrance Association in March 2001, a role she held until early 2005.
In 2007, Ms Jung was ranked number nine on Fortune magazine's 50 Most Powerful Women in Business list, which she has been on since the list’s inception. She has been ranked on The Wall Street Journal’s 50 Women to Watch, since 2004, and was one of only 18 executives included in US News & World Report’s America’s Best Leaders 2007.
“Andrea is a strong CEO and marketer and we look forward to benefiting from her insights and experience as a member of Apple’s board,” said Apple CEO Steve Jobs. “Andrea will be our eighth board member, and I think she will add a new dimension to our already lively board discussions.
“Apple is clearly one of the most innovative companies in the world today,” said Jung. “I feel privileged to join this exciting and dynamic team and look forward to working closely with Jobs and the board during the next phase of Apple’s growth.”
Jung also serves on the board of the General Electric Company and is a member of the New York Presbyterian Hospital board of trustees and the Catalyst board of directors.
At Avon, Jung is responsible for developing and executing all of the company’s long-term growth strategies and launching new brand initiatives. She also has involvement in Avon's direct sales teams.