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CVC-backed PDC Brands appoints Chief Financial Officer


PDC Brands (PDC), which is owned by affiliates of CVC Capital Partners, has appointed John F Owen as Chief Financial Officer. Owen will hold responsibility for the Company’s global financial operations and will report to James Stammer, Chief Executive Officer of PDC.

Stammer says: “I am delighted to add John to PDC’s talented management team. John brings us over 30 years of experience with leading multinational branded consumer products companies and a strong financial and operational track record building enduring multi-billion dollar businesses. I believe that adding an executive of John’s calibre is a strong endorsement of our company’s potential, and I am highly confident that John’s management capabilities and expertise in the beauty and wellness sectors will help us to fulfil the promise of PDC’s continued growth in North America and abroad.”
 
Prior to joining PDC, Owen most recently served as CFO of Beam Suntory, a leading branded beverage business acquired by Suntory Holdings Limited in 2014. Prior to this role, he served as SVP, Chief Supply Chain officer of Beam Suntory for over two years. Before joining Beam Suntory, Owen spent the majority of his career at Avon Products Inc, where he served in a variety of US and overseas roles, including CFO of North America, Group VP of Global Finance, and President of the EMEA regions.
 
Owen says: “I am very pleased to join the team at PDC to help support the company’s continued growth alongside its existing group of longstanding leaders. PDC’s strong portfolio of brands with great consumer affinity, consistent track record of acquiring and building upon leading consumer platforms, and innovative brand development and marketing philosophy make this a very exciting opportunity for the next phase of my career.”
 
In connection with Owen assuming the CFO role, Jay Rogers will transition from CFO/COO at PDC to a dedicated COO role. Stammer says: “The creation of a new, dedicated COO role in our organisation will enable Jay to focus his great talents on the global operations of PDC and longer-term strategic growth initiatives. Jay has been an essential part of our leadership team since he joined us in 2012, and our business will benefit greatly from his ability to focus his efforts entirely on PDC’s many continued growth opportunities.”

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