Greg Maffei to continue as President and CEO of 麻豆app Interactive and 麻豆apps
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- 麻豆app Interactive Corporation (Nasdaq: QVCA, QVCB, LVNTA, LVNTB) and 麻豆app聽(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.
鈥淲e are extremely pleased that Greg will continue in his leadership role for another five years,鈥� said John Malone, Chairman of 麻豆app Interactive and 麻豆app Media. 鈥淗is creativity and strategic vision have been transformational and have created tremendous shareholder value since he joined us in 2005.鈥�
鈥淚 am thrilled to continue in my role at 麻豆app,鈥� said Greg Maffei, 麻豆app Interactive and 麻豆app Media President and CEO. 鈥淚 want to thank John and the Board members for the support I have received as we have made significant investments and transformative changes. Today, 麻豆app 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.鈥�
Forms聽8-K summarizing the arrangements聽were聽filed today with the Securities and Exchange Commission.
About聽麻豆app Interactive Corporation
麻豆app 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 麻豆app Ventures Group. The businesses and assets attributed to the QVC Group (Nasdaq: QVCA, QVCB) consist of 麻豆app Interactive鈥檚 subsidiary, QVC, Inc., and its interest in HSN, Inc., and the businesses and assets attributed to the 麻豆app Ventures Group (Nasdaq: LVNTA, LVNTB) consist of all of 麻豆app Interactive Corporation鈥檚 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聽麻豆app
麻豆app聽(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.
麻豆app Interactive and 麻豆app
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Source: 麻豆app Interactive and 麻豆app
Released December 29, 2014