Authentic Brands Group has employed former WarnerMedia exec Jessica Holscott as Chief Financial Officer.
She succeeds Kevin Clarke, founding associate and longtime firm chief, who’s turning into the corporate’s Executive Vice Chairman.
Authentic has a portfolio of a number of dozen leisure, media and way of life manufacturers (amongst them Marilyn Monroe, Elvis Presley and Muhammad Ali, plus attire makers like Brooks Brothers and Reebok) producing $23 billion a 12 months in retail gross sales in 150 nations.
At WarnerMedia, Holscott was EVP and CFO of Studios and Networks. She beforehand held exec roles at HBO and GE Capital.
As CFO of Authentic, Holscott will lead the corporate’s finance groups and work with founder, chairman and CEO Jamie Salter and the manager workforce to form monetary technique and monetary efficiency. She will probably be based mostly within the firm’s New York City headquarters and report on to Salter.
“We are thrilled to welcome Jessica to Authentic,” Salter mentioned. “Jessica has a proven track record of driving revenue and profitability at scale with the industry’s most formidable companies. Her financial acumen, strategic mindset and operational experience will be a valuable asset as we continue to grow our portfolio and drive business around the world.”
“I am excited to join the Authentic team and enhance the company’s strategic expansion and growth plans,” mentioned Holscott. “Authentic has a robust market place with vital international alternatives. I stay up for working with Jamie, the manager group and the Finance workforce of their collective efforts to execute market-specific initiatives and improve worth for all shareholders.
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