World Wide Packaging (WWP) has announced the appointment of finance veteran Jennifer Adams as its global chief financial officer (CFO). In this role, she will be responsible for the overall direction, planning and implementation of all financial functions for WWP’s global organization.
Previously: WWP Names Josh Kirschbaum CEO
She joins WWP during a significant period of growth, as the company has expanded operations to offer a full range of cosmetic components, tubes and full-service turnkey operations, with a focus on speed-to-market.
Most notably, WWP acquired Design Quest and Cosmetic Design Group, whose offerings include turnkey formulation, development and design, sourcing, assembly, displays, regulatory and warehousing services.
The growth-centric moves followed the opening of WWP’s first wholly owned manufacturing facility in China–a 100,000-square-foot plant in Suzhou.
Adams most recently served as EVP COO and CFO for NYDJ Apparel, LLC, a provider of premium women’s denim clothing. Prior to that, she spent nearly five years as CFO for fashion and apparel company The Collected Group; before that, she served as CFO for select brands of Denver-based VF Corporation, a multi-brand and global fashion and apparel company.
She will be located in the CDG Culver City, California office. Headquartered in New Jersey, WWP’s vast sample room holds more than 3,000 fully stocked and tooled SKUs, a 1,500-sq-ft. product showroom and a state-of-the-art design and engineering center.
“We couldn't be happier to welcome [Adams] to our rapidly growing team,” WWP CEO Josh Kirschbaum said. “As WWP expands both its offerings portfolio and its market share, keen financial oversight will help guide our growth strategies and parameters. I am confident that [Adam’s] impressive experience and proven abilities will undoubtedly play a major role in helping lead the company into its next growth and expansion phase.”
“We are delighted to welcome [Adams] as the new CFO at WWP,” said Jonathan Zhu, managing director at Bain Capital, which acquired WWP in 2018. “Even when considering the challenges posed by the global pandemic, Bain Capital is highly confident in WWP’s success in the beauty market landscape. [Adams] will help us continue to accelerate WWP’s growth trajectory and strengthen the company’s global financial structure.”
“I couldn’t imagine a more exciting time to join the WWP team,” Adams said. “The company is headed in a direction of rapid upward growth on a global scale, and I am very much looking forward to being a part of this growth alongside the executive management team.”