// Ted Baker owner hires former Warner Media executive Jessica Holscott as CFO
// Holscott will replace Kevin Clarke who will take on the role of executive vice-chairman
Ted Baker owner Authentic Brands has hired former Warner Media executive Jessica Holscott as chief financial officer.
Holscott will replace Kevin Clarke who will take on the role of executive vice-chairman.
She was previously the executive vice-president of Warner Media and CFO of studios and networks since August 2020.
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Prior to this, she was the EVP and CFO of Warner Media’s subsidiaries HBO, HBO Max, TNT/TBS/Tru and Otter Media.
Authentic Brands CEO, Jamie Salter said: “We are thrilled to welcome Jessica to Authentic. 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.”
Holscott added: “I am excited to join the Authentic team and enhance the company’s strategic expansion and growth plans. Authentic has a strong market position with significant global opportunities.
“I look forward to working with Jamie, the executive group and the finance team in their collective efforts to execute market-specific initiatives and enhance value for all shareholders.”
Authentic Brands acquired Ted Baker in August 2022 for £211m, turning the fashion retailer into a privately-owned company.
