Authentic Brands names Jessica Holscott CFO
Global brand development company Authentic Brands Group announced on Wednesday the appointment of Jessica Holscott as chief financial officer.
In this role, Holscott will lead Authentic’s finance teams and help drive sustainable, long-term value through financial strategy and fiscal performance. As she works out of Authentic’s New York City headquarters, she will interface closely with the company’s investors, audit committee, lenders and other important external constituents.
“I am excited to join the Authentic team and enhance the company’s strategic expansion and growth plans,” said Holscott. “Authentic has a strong market position with significant global opportunities. I look forward to working with Jamie, the executive group and the Finance team in their collective efforts to execute market-specific initiatives and enhance value for all shareholders.”
Holscott joins Authentic from Warner Media, where she served as executive vice president and chief financial officer of Studios and Networks. Prior to this, Holscott held several leadership roles, including executive vice president and CFO at HBO, senior vice president - investor relations and merger planning leader at Warner Media and CFO GE asset management at GE Capital.
“We are thrilled to welcome Jessica to Authentic,” said chairman and CEO Jamie Salter, who Holscott will report to. “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.”
Holscott succeeds Kevin Clarke, founding partner and longtime company leader, as he takes on a new role at Authentic as executive vice chairman, where he will continue to partner closely with Salter, the board and Authentic’s leadership team on new acquisitions and strategic business matters.
In October, Authentic was officially named the new owner of Ted Baker. The group’s portfolio also includes Reebok, Barneys New York, Lucky Brand, Aéropostale, Forever 21, and Nine West, to name a few.
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