Authentic Brands Group Appoints New CFO

by Katie Lee

New York City — Authentic Brands Group has appointed Jessica Holscott as chief financial officer. Holscott succeeds Kevin Clarke, founding partner and longtime company leader, as he assumes a new position as executive vice chairman.

Holscott joins Authentic from Warner Media, where she served as executive vice president and chief financial officer of Studios and Networks. Holscott brings a wealth of experience and knowledge in financial management, strategic planning, operations and mergers and acquisitions. Prior to joining Warner Media, Holscott held several leadership roles, including executive vice president and CFO at HBO.

In her new role, Holscott will be based in Authentic’s New York City headquarters and report directly to CEO Jamie Salter.

“We are thrilled to welcome Jessica to Authentic,” Salter says. “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.”

New York City-based Authentic Brands Group is a global brand development, marketing and entertainment platform, which owns a portfolio of more than 40 iconic and world-renowned brands. Its brands generate approximately $23 billion in global annual retail sales and have an expansive retail footprint in more than 150 countries, including 9,100-plus freestanding stores and shop-in-shops and 356,000 points of sale. Authentic’s brand portfolio includes Reebok®, Eddie Bauer®, Nautica®, Izod®, Brooks Brothers®, Barneys New York®, Juicy Couture®, Lucky Brand®, Aéropostale®, Forever 21®, Nine West®, Jones New York®, Van Heusen®, Thomasville® and many more.

 

 

 

SOURCE: Authentic Brands Group

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