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News Summary: Avon chairman steps down

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THE CHANGE: Avon Products Inc.'s non-executive chairman has resigned from the company's board, marking its latest management change. THE HISTORY: Fred Hassan had just become chairman at the start of the year, replacing the direct seller of beauty products' longtime leader, Andrea Jung. He was replaced by Doug Conant, a current director on Avon's board and the former CEO of Campbell Soup Co....