QVC Tuesday appointed Ted Jastrzebski, a veteran of Hershey Co., to the position of chief financial officer.
Jastrzebski, who will assume his new role in next month July 2013, will oversee QVC’s financial operations, reporting to QVC President and CEO Mike George.
“Ted is a great addition to the QVC team,” George said in a canned statement. “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 multinational expertise as we continue to implement our global growth strategy.”
Jastrzebski succeeds Dan O’Connell, a 25-year QVC veteran. QVC announced last August that O’Connell planned to retire in this spring. His official retirement date was May 31.
“Dan is one of QVC’s founding leaders; a true entrepreneur who helped build QVC from the ground up,” George said. “He will always be remembered fondly for his contributions throughout the organization.”
Jastrzebski spent the last eight years in global leadership positions at Hershey. 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 headquarters in West Chester, Penn.
After receiving a BA in economics from Northwestern University (yeah, we went to NU!), he got 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 United States, 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 organization.