Sheri McCoy

Sherilyn S. McCoy (born 1959) is an American scientist and business executive. She is the former CEO of Avon Products and former vice chairman and member of the office of the chairman of Johnson & Johnson, where she was responsible for the pharmaceutical and consumer business divisions of the company. She was appointed as the vice chairman in January 2011, after which she was named by Fortune Magazine, as the 10th woman on their list of "50 Most Powerful Women in Business", a list on which she has been included since 2008. In February 2012, she resigned her employment with Johnson & Johnson after 30 years and was subsequently named as the CEO of Avon Products. In August 2012, she was recognized as the 39th most powerful woman in the world by Forbes Magazine.

Early life and education Sherilyn S. "Sheri" McCoy was born in 1959, in Quincy, Massachusetts. She attended the University of Massachusetts, Dartmouth, earning her Bachelor of Science degree in textile chemistry. In 1982, she earned a master's degree in chemical engineering from Princeton University. She received her Master of Business Administration in 1988, from Rutgers University. She holds five patents registered in the United States and Europe.

Career Johnson & Johnson McCoy joined Johnson & Johnson as a chemical engineer in 1982,

Surgical Care and Pharmaceuticals Group In 2008, McCoy was appointed to chair the Surgical Care Group. This leadership role established her as a member of the company's Executive Committee and one of the highest-ranking female executives in the global drug industry. On January 1, 2009, she was promoted to serve Johnson & Johnson as their Worldwide Chairman of the Pharmaceuticals Group, where she was responsible for new product development and distribution, along with acquisitions and partnerships. She also led the group during legal proceedings and loss of patent exclusivity. In 2010, she was promoted to Vice Chairman of the company.

In March 2012, French beauty products manufacturer, Coty attempted a takeover of Avon Products, presenting an unsolicited $10 billion buyout offer.

In early August 2017, Sheri McCoy was “terminated without cause” from her position as Avon CEO. She had been negotiating an exit since June. Sales had been depressed for several years.

Board memberships While employed with Johnson & Johnson, McCoy represented the company as a member of the Board of Directors of PhRMA, the National Quality Forum, and the Institute of Medicine's Roundtable on Value & Science-Driven Health Care.

Following her appointment as CEO of Avon Products, McCoy continues to serve on the Board of Directors of For Inspiration and Recognition of Science and Technology (FIRST), a nonprofit organization based out of Manchester, New Hampshire, that focuses on developing programs designed to inspire students to consider a career in the fields of engineering and technology. She is additionally a member of the Rutgers University President's Business Leaders Cabinet, while simultaneously serving on the board of Stonehill College, a Roman Catholic liberal arts college located in Easton, Massachusetts.

In October 2017, McCoy was appointed as a non-executive director of AstraZeneca.

Honors and awards 2008: #44 "50 Most Powerful Women in Business" – Fortune Magazine 2009: #14 "50 Most Powerful Women in Business" – Fortune Magazine 2010: #12 "50 Most Powerful Women in Business" – Fortune Magazine 2011: #10 "50 Most Powerful Women in Business" – Fortune Magazine 2012: #15 "World's Most Powerful Women in Business" – Forbes Magazine 2012: #39 "World's Most Powerful Women of 2012" – Forbes Magazine

Patents Sanitary napkin with panty gathering flaps US4900320: Filing date: June 16, 1986; Issue date: February 13, 1990 EP0249924: Filing date: June 15, 1987; Issue date: March 4, 1992 Sanitary napkin USD327319: Filing date: February 9, 1990; Issue date: June 23, 1992 Sanitary napkin USD346213: Filing date: November 10, 1992; Issue date: April 19, 1994 Sanitary napkin USD352554: Filing date: November 16, 1992; Issue date: November 15, 1994 Raised center sanitary napkin with raised edges US5599337: Filing date: May 2, 1994; Issue date: February 4, 1997 EP0685212: Filing date: February 28, 1995; Issue date: December 4, 2002