PLBY Group, Inc. Announces the Expansion of its Finance Team with the Addition of Florus Beuting as Chief Accounting Officer
February 18, 2021 at 08:00 am
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PLBY Group, Inc. announced the expansion of its finance team with the addition of Florus Beuting as Chief Accounting Officer. In his new role, which began on February 8, 2021, Mr. Beuting is responsible for PLBY Group’s global accounting operations, financial reporting, tax, treasury, and audit functions. Mr. Beuting will report to newly appointed CFO Lance Barton when Mr. Barton begins on March 1, 2021. Current PLBY Group CFO, David Israel, will support the transition of the finance team and assume an operational role at the Company focused on direct to consumer operations. Mr. Beuting joins the company from Fandango, where he served since December 2017 as the company’s Vice President and Controller, overseeing domestic and international accounting for the company’s Ticketing and Video on Demand businesses, and managed the financial operations integration of multiple acquisitions.
PLBY Group, Inc. is a global pleasure and leisure company. The Company operates through three segments: Direct-to-Consumer, Licensing and Digital Subscriptions and Content. Its Direct-to-Consumer segment operates through its owned-and-operated e-commerce platform, retail stores and sales of its products through third-party retailers. The Licensing segment includes trademark licenses for third-party consumer products, location-based entertainment businesses and online gaming. Its Digital Subscriptions and Content segment comprises the Playboy Club, its creator-led platform on playboy.com, and Playboyâs adult content offerings, including playboyplus.com and playboy.tv. In addition, Playboy TV is offered through multiple-system operators (MSOs) around the globe, including U.S. MSOs DIRECTV, Comcast, Dish, Charter, Cox, Altice, and Mediacom. Its offerings are focused on four areas: sexual wellness, style and apparel, digital entertainment and lifestyle and beauty and grooming.