Celebration company, Amscan International, has announced leadership changes as the brand focuses on national and international growth.

License Global

March 29, 2022

2 Min Read

Amscan International’s chief executive officer, Gary Panons, has become the company’s first executive chairman as chief financial officer and chief operating officer, Joe Hennigan, will become chief executive officer on April 1. 

With over £250 million annual turnover and over 2,500 employees worldwide, the Amscan International brand continued to build on its global footing with the acquisition of German foil balloon printing business, Luftballon-Markt, in 2021, as well as undergoing its own buyout at the start of the year. 

“There are hugely exciting times ahead for Amscan International with further organic growth and acquisitions,” says Panons. “We have incredibly supportive investors and partners in Endless, a great leadership team and a wealth of experience and energy across all areas of our business. Part of any evolution is growing, developing and harnessing positive change. These changes to our board structure are entirely right for the stage and future success of our business, and I am delighted that Joe will be my successor as CEO. His strategic insight, deep experience of the industry and relentless pursuit of success will be instrumental to further growth.” 

Headquartered in Milton Keynes, U.K., Amscan International is a global designer, manufacturer, distributor, wholesaler and retailer of party products and supplies. In 2011, Panons joined Amscan International after the company he was managing director of, Christy’s by Design, was acquired by the business. 

In 2016, Hennigan moved from PwC to Amscan International as chief financial officer, before also becoming chief operating officer in 2019. 

“We have an exceptional team at Amscan International and we are all excited for what the future holds as we further expand the business,” says Hennigan. “We have a clear strategic growth plan and the funds available to make additional investments to accelerate the plan. These are exciting times and I look forward to continuing to work closely with Gary and the senior management team as we progress our strategic plan.” 

As Hennigan moves to chief executive officer on April 1, current group finance director, Rob Sidell, will then become chief financial officer. 

Read more about:


About the Author(s)

License Global

License Global is the leading news source for the brand licensing industry, delivering award-winning editorial content including news, trends, analysis, and special reports about the global consumer product and retail marketplace.

Through its print edition, website, daily e-newsletter and event publications, License Global reaches more than 150,000 executives and professionals in all major markets. The magazine also serves as the official publication for the sector’s trade events, which include Licensing Expo, Brand Licensing Europe, Licensing Expo Japan, Licensing Expo Shanghai and the Licensing Leadership Summit.

Subscribe for updates directly into your inbox.




Subscribe and receive the latest news from the industry Article
Join 62,000+ members. Yes, it's completely free.

You May Also Like