WEST CHESTER, Pa. — QVC, a global leader in video and e-commerce retail, has appointed former Hershey’s executive Ted Jastrzebski as the company’s new CFO. Jastrzebski will oversee QVC's financial operations, and will report to president and CEO Mike George.
"Ted is a great addition to the QVC team," said 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 SVP and president of Hershey Americas, where he oversaw all Hershey activities in Canada, Latin America, world travel retail and export markets.
At QVC, Jastrzebski will serve as a strategic business partner and key member of the company’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 VP and CFO at Project Hope, an international health development nonprofit, and SVP and CFO at Care, the world's largest private relief and development organization.
Jastrzebski succeeds Dan O'Connell, a 25-year QVC veteran, who announced his plans to retire in spring 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."