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Sheri McCoy
Sheri McCoy.jpg
Born 1959 (age 66–67)
Nationality American
Education Bachelor of Science
(Textile Chemistry)
Master of Science
(Chemical Engineering)
Master of Business Administration
Alma mater University of Massachusetts, Dartmouth
Princeton University
Rutgers University
Occupation business executive, scientist
Years active 1982–present
Employer Avon Products
Known for CEO of Avon Products;
former Vice Chairman of Johnson & Johnson
Predecessor Andrea Jung
Children 3 sons

Sherilyn S. McCoy (born in 1959) is an American scientist and a top business leader. She used to be the Chief Executive Officer (CEO) of Avon Products. Before that, she was a vice chairman at Johnson & Johnson. There, she was in charge of their medicine and consumer product businesses.

In 2011, Fortune Magazine named her one of the "50 Most Powerful Women in Business." She had been on this list since 2008. In 2012, she left Johnson & Johnson after 30 years. She then became the CEO of Avon Products. Later that year, Forbes Magazine called her the 39th most powerful woman in the world.

Early Life and Education

Sherilyn S. "Sheri" McCoy was born in 1959. Her hometown is Quincy, Massachusetts. She went to the University of Massachusetts, Dartmouth. There, she earned a bachelor's degree in textile chemistry.

In 1982, she got a master's degree in chemical engineering from Princeton University. She later earned her Master of Business Administration (MBA) in 1988. This degree was from Rutgers University. Sheri McCoy holds five patents in the United States and Europe. These are special rights for her inventions.

Career Highlights

Working at Johnson & Johnson

Sheri McCoy started working at Johnson & Johnson in 1982. She began as a chemical engineer. Her early work focused on creating new products for women's health. She later led the company's research and development team.

After that, she became the global president of a division. This group made products for babies and items for small injuries. In 2005, she became the chairman of the Ethicon Endo-Surgery division. She was responsible for business in Latin America.

Leading Surgical and Pharmaceutical Groups

In 2008, McCoy was chosen to lead the Surgical Care Group. This made her a member of the company's Executive Committee. She became one of the highest-ranking female leaders in the global drug industry. On January 1, 2009, she was promoted again. She became the Worldwide Chairman of the Pharmaceuticals Group.

In this role, she oversaw new product development and distribution. She also handled company purchases and partnerships. In 2010, she was promoted to Vice Chairman of Johnson & Johnson.

Becoming Avon's CEO

In February 2012, Sheri McCoy left Johnson & Johnson. She had worked there for 30 years. She was then chosen to lead Avon Products. She became their new CEO on April 23, 2012.

In August 2017, Sheri McCoy left her position as Avon CEO. This happened after sales had been lower for several years.

Board Memberships

While at Johnson & Johnson, McCoy served on several boards. These included the Board of Directors of PhRMA. She also served on the National Quality Forum.

After becoming Avon's CEO, she continued to serve on boards. She is on the Board of Directors for For Inspiration and Recognition of Science and Technology (FIRST). This group inspires students to pursue careers in engineering and technology. She is also part of the Rutgers University President's Business Leaders Cabinet. Additionally, she serves on the board of Stonehill College.

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

Honors and Awards

Sheri McCoy has received many honors for her work:

  • 2008: Named #44 on Fortune Magazine's "50 Most Powerful Women in Business" list.
  • 2009: Ranked #14 on Fortune Magazine's "50 Most Powerful Women in Business" list.
  • 2010: Ranked #12 on Fortune Magazine's "50 Most Powerful Women in Business" list.
  • 2011: Ranked #10 on Fortune Magazine's "50 Most Powerful Women in Business" list.
  • 2012: Named #7 "Most Powerful Mom of 2012" by Working Mother magazine.
  • 2012: Ranked #15 on Forbes Magazine's "World's Most Powerful Women in Business" list.
  • 2012: Ranked #39 on Forbes Magazine's "World's Most Powerful Women of 2012" list.

Patents

Sheri McCoy holds several patents for her inventions. A patent is a special right that protects an invention.

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