Avon Products, the New York-based cosmetics company with $10.9 billion in 2010 revenue, named Kimberly Ross CFO and executive vice president. She replaces Charles Cramb, who will remain vice chairman of the developed market group. Ross, 46, is joining Avon from Royal Ahold, where she most recently served as CFO and executive vice president. She joined Royal Ahold in 2001 after working at Ernst & Young and Anchor Glass Container Corp.
Maria Henry was named CFO of the North American operations of Downers Grove, Ill.-based Sara Lee, succeeding Aaron Alt, who was named brand general manager for the company’s Ball Park Franks business. Once Sara Lee spins off its international coffee and tea business in 2012, Henry will become CFO of the company, which had $10.8 billion in 2010 revenue. Henry, 44, joins Sara Lee from Culligan International, where she was CFO and executive vice president. Prior to joining Culligan, Henry was CFO at Vastera and U.S. Office Products, and served in leadership positions at companies owned by private equity firm Clayton Dubilier & Rice.