QVC Appoints Ted Jastrzebski As Chief Financial Officer
Former Hershey Executive Succeeds Retiring CFO Dan O'Connell
WEST CHESTER, Pa., June 4, 2013
WEST CHESTER, Pa., June 4, 2013 /PRNewswire/ --QVC, the global leader in
video and ecommerce retail, announced today the appointment of Ted Jastrzebski
to the position of Chief Financial Officer. Jastrzebski, who will assume his
new role in July 2013, will oversee QVC's financial operations, reporting to
Mike George, President and CEO of QVC.
"Ted is a great addition to the QVC team," said Mike George. "With more than
20 years of business and financial leadership experience, he will be an
impactful addition to QVC's already-strong leadership bench. We look forward
to leveraging his extensive multi-national expertise as we continue to
implement our global growth strategy."
Jastrzebski spent the last eight years in global leadership positions at The
Hershey Company. Most recently he served as Senior Vice President and
President of Hershey Americas, where he oversaw all Hershey activities in
Canada, Latin America, world travel retail and export markets.
In his new role, Jastrzebski will serve as a strategic business partner and
key member of QVC's Global Executive Committee. He will manage all corporate
financial responsibilities, including planning and analysis, accounting,
payables, payroll, customer finance, tax, treasury and strategic procurement.
Jastrzebski will be based at QVC's global headquarters in West Chester, PA.
After receiving a BA in Economics from Northwestern University and earning an
MBA in Finance at the University of Chicago, Jastrzebski spent 14 years at
Procter & Gamble, where he held various financial management positions in the
U.S., Poland, Egypt and India. He also served as Vice President and CFO at
Project HOPE, an international health development non-profit, and Senior Vice
President and CFO at CARE, the world's largest private relief and development
Jastrzebski succeedsDan O'Connell, a 25-year QVC veteran. QVC announced in
August 2012 O'Connell's plan to retire in Spring 2013. His official retirement
date was May 31, 2013.
"Dan is one of QVC's founding leaders; a true entrepreneur who helped build
QVC from the ground up," George continued. "He will always be remembered
fondly for his contributions throughout the organization."
QVC, Inc., a wholly owned subsidiary of Liberty Interactive Corporation
(NASDAQ:LINTA), is the world's leading video and ecommerce retailer. QVC is
committed to providing its customers with thousands of the most innovative and
contemporary beauty, fashion, jewelry and home products. Its programming is
distributed to approximately 250 million homes worldwide through operations in
the U.S., Japan, Germany, United Kingdom, Italy and a joint venture in China.
West Chester, Pa.-based QVC has shipped more than a billion packages in its
26-year history and the company's website, QVC.com, is ranked among the top
general merchant Internet sites. QVC, Q, and the Q Ribbon Logo are registered
service marks of ER Marks, Inc.
SOURCE QVC, Inc.
Contact: Paul Capelli, QVC, 484-701-8836, firstname.lastname@example.org
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