Iconix Brand Group Inc., which owns rights to the Danskin, Ocean Pacific, Umbro brands, appointed David K. Jones as executive vice president and chief financial officer. He will report directly to chief executive officer, Neil Cole, and will lead all of the finance and technology functions for the company.
Jones joins Iconix after 12 years with Penske Automotive Group (PAG), an international transportation services company. During his tenure, Jones served as Penske's executive vice president and chief financial officer, as well as chief financial officer of European operations. Jones led the international accounting and finance functions, and was responsible for strengthening the company's balance sheet through a series of large transactions. He was involved in all aspects of the business including operations, financial reporting, budgeting, information technology, banking and treasury. Prior to Penske Automotive, Jones spent 11 years at Andersen LLP and is a certified public accountant.
“I am pleased to welcome David to the Iconix management team,” commented Cole. “He has proven experience as the CFO of a multi-billion-dollar public company, and has the technical, financial and strategic skills required to successfully lead Iconix as our chief financial officer.”
David Jones stated, “I am excited to join Iconix and to be a part of this dynamic, highly profitable and strong cash generating Company. Neil and the entire Iconix team have built a very successful business and I look forward to working with them to continue to grow the Company's global platform.”
In early April, Iconix made headlines in financial circles after two of its top executives left in a two-week period, including Seth Horowitz, formerly COO, and Jeff Lupinacci, former CFO.
