WEST CHESTER, Pa.
June 4, 2013
, the global leader in video and ecommerce retail, announced today the appointment of
to the position of Chief Financial Officer. Jastrzebski, who will assume his new role in
, will oversee QVC's financial operations, reporting to
, President and CEO of QVC.
"Ted is a great addition to the QVC team," said
. "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 Senior Vice President and President of Hershey Americas, where he oversaw all
, 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 global headquarters in
West Chester, PA.
After receiving a BA in Economics from
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.,
. 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.
Jastrzebski succeeds Dan O'Connell, a 25-year QVC veteran. QVC announced in
O'Connell's plan to retire in Spring 2013. His official retirement date was
"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."