Natura &Co to reorganize its Group functions
SÃO PAULO, June 15, 2022 /PRNewswire/ -- Following a period of transformative acquisitions and the complex integration of its businesses, processes and a common sustainability vision, now is the time to evolve. Natura &Co is announcing today a Group reorganization in line with its strategic direction to increase the accountability of the individual Business Units and brands - Natura, Avon, The Body Shop, and Aesop. The company will transition to a simpler holding company structure. To this end, non-executive director Fabio Barbosa, Chairman of the People Committee, will lead the Natura &Co Group, as well as a workstream to define the new corporate structure over the next months.
- Natura &Co is announcing today a Group reorganization in line with its strategic direction to increase the accountability of the individual Business Units and brands - Natura, Avon, The Body Shop, and Aesop.
- To this end, non-executive director Fabio Barbosa, Chairman of the People Committee, will lead the Natura &Co Group, as well as a workstream to define the new corporate structure over the next months.
- Other Group roles such as Sustainable Growth Officer and Chief Transformation Officer will no longer exist or will be revisited in the new structure.
- Natura &Co is a global, purpose-driven, multi-channel and multi-brand cosmetics group which includes Avon, Natura, The Body Shop and Aesop.