The resignation of Fred Hassan from the chairmanship position at Avon Products (AVP +1.7%)...

|About: Avon Products, Inc. (AVP)|By:, SA News Editor

The resignation of Fred Hassan from the chairmanship position at Avon Products (AVP +1.7%) appears even odder to dealReporter after Bausch & Lomb sold itself to Valeant Pharmaceuticals, a move which in theory would leave Hassan freed up from his duties as B&L. One intriguing possibility is that as a partner of Warburg Pincus the exec may have needed to leave the board just in case the firm became a P-E target.