Greg Maffei to continue as President and CEO of Liberty Interactive and Liberty Media Corporations
29 Diciembre 2014 - 3:15PM
Business Wire
Liberty Interactive Corporation (Nasdaq: QVCA, QVCB, LVNTA,
LVNTB) and Liberty Media Corporation (Nasdaq: LMCA, LMCB,
LMCK) announced today that their respective Boards of Directors
have approved new employment arrangements with President and CEO
Gregory B. Maffei that are intended to secure his services through
2019.
“We are extremely pleased that Greg will continue in his
leadership role for another five years,” said John Malone, Chairman
of Liberty Interactive and Liberty Media. “His creativity and
strategic vision have been transformational and have created
tremendous shareholder value since he joined us in 2005.”
“I am thrilled to continue in my role at Liberty,” said Greg
Maffei, Liberty Interactive and Liberty Media President and CEO. “I
want to thank John and the Board members for the support I have
received as we have made significant investments and transformative
changes. Today, Liberty has a portfolio of businesses that are very
well-positioned for the digital mobile era, led by great management
teams, with the resources to be opportunistic in the future.”
Forms 8-K summarizing the arrangements were filed
today with the Securities and Exchange Commission.
About Liberty Interactive
Corporation
Liberty Interactive Corporation operates and owns interests in a
broad range of digital commerce businesses. Those businesses are
currently attributed to two tracking stock groups: the QVC Group
and the Liberty Ventures Group. The businesses and assets
attributed to the QVC Group (Nasdaq: QVCA, QVCB) consist of Liberty
Interactive’s subsidiary, QVC, Inc., and its interest in HSN, Inc.,
and the businesses and assets attributed to the Liberty Ventures
Group (Nasdaq: LVNTA, LVNTB) consist of all of Liberty Interactive
Corporation’s businesses and assets other than those attributed to
the QVC Group, including its interest in Expedia, its subsidiaries
Provide Commerce, Backcountry.com, Bodybuilding.com, CommerceHub,
LMC Right Start and Evite, and minority interests in Time Warner,
Time Warner Cable, Lending Tree and Interval Leisure Group.
About Liberty Media
Corporation
Liberty Media Corporation (Nasdaq: LMCA, LMCB, LMCK)
operates and owns interests in a broad range of media,
communications and entertainment businesses, including its
subsidiaries SiriusXM and Atlanta National League Baseball Club,
Inc., its interest in Live Nation Entertainment, and minority
equity investments in Time Warner Inc. and Viacom.
Liberty Interactive and Liberty Media CorporationCourtnee
Ulrich, 720-875-5420
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