On September 12, 2016 the Board of Directors of DS Healthcare Group, Inc. (the Company) appointed John Power as Chief Financial Officer (CFO) and Chief Administrative Officer (CAO) of the Company. He will start immediately. John will report to the Board.
Power will have supervision of all Financial and Administrative aspects of the Company including capital management, banking relationship, regulatory relationships, professional service provider relationships, MIS, Compliance, and Labor Relations.
John Power is a proven senior executive in finance and internal controls. For the company to execute its vision, John is expected to play the leadership role in the company's financial and capital strategies. Power as CAO will bring disciplined internal control, sou nd corporate governance and good working practices to the company, which is one of the key focus areas of the Board. John's maturity and his depth of experience in having worked in various global companies as well as start-up companies will significantly benefit the company's leadership team.
John's financial industry experience includes; Bank Julius Baer (Controller and Chief-of-Staff U.S. Private Banking; Manager of Financial Analysis and Management Information Accounting); E*Trade Financial (Director of Finance; Chief Financial Officer Corporate Services Division); Mellon Financial (Managing Director, Employee Stock Plan Services Mellon Investor Services; President Mellon Securities; Chief Administrative Officer). John has founded and participated as a C-level executive in several entrepreneurial situations such as a Venture Capital, Retail Brokerage, Investment Banking and Healthcare Delivery.
John Power has a B.S. In Finance from Manhattan College, an M.B.A. From Dowling College. and is an Assistant Professor in the MBA program at Mercy College.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DS HEALTHCARE GROUP, INC.
Date: September 12, 2016
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