QVC CFO Dan O’Connell To Retire Next Spring

What’s with all the retirements at QVC?

The home shopping network Thursday announced that Dan O’Connell, executive vice president and chief financial officer, will retire next spring after more than 25 years with the company.

About two weeks ago, QVC said that John Hunter, executive vice president of customer fulfillment services, was retiring in the spring, following “more than 20 years of helping make QVC a proven leader in customer service”.

Here’s what QVC honchos had to say about O’Connell.

“Dan was part of the founding team that built and grew QVC’s global business,” QVC president and CEO Mike George said in a canned statement. “He played an integral role in the start-up of our businesses in Germany, Japan, and Italy, and under his leadership QVC has enjoyed a strong track record of growth and profitability, extending multichannel platforms globally, and expanding our highly engaged customer base through a world-class portfolio of distinctive brands.”

O’Connell joined QVC in 1987 as director of accounting and over the years has held positions of increasing responsibility in the finance organization. In 2007, he was promoted to his current position.

“I’m proud to have been a part of QVC’s tremendous growth, from our roots as a pioneering start-up to the global powerhouse we are today,” O’Connell said in his swan song. “As QVC’s business continues to expand globally, I’m honored to have been a part of the dedicated team who will continue to drive superior results and innovation.”

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