Chairwoman and CEO Andrea Jung of beauty products seller Avon Products Inc., received a $9.9 million pay package in 2010, including a periodic performance bonus, according to an analysis of a filing the company made with the Securities and Exchange Commission.
Jung, 52, received the same base salary of $1.38 million as in 2009, and she didn’t get stock awards or an annual bonus, according to the Tuesday filing. But her total package rose 41 percent from 2009, largely because it was time for a long-term performance-based bonus that Avon pays top executives every three years. Jung’s was $5.4 million.
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