Greg Maffei to Continue as President and CEO of Liberty Media
2009年12月24日 - 7:00AM
PRニュース・ワイアー (英語)
ENGLEWOOD, Colo., Dec. 23 /PRNewswire-FirstCall/ -- Liberty Media
Corporation
(NASDAQ:LCAPANASDAQ:LCAPBNASDAQ:LINTANASDAQ:LINTBNASDAQ:LSTZANASDAQ:LSTZB)
announced today that its Board of Directors has approved a new
employment arrangement with President and CEO Gregory B. Maffei
that will secure his services through 2014. "We are very pleased to
have secured Greg's leadership at Liberty Media for the next five
years," said John Malone, Chairman of Liberty Media. "Liberty has
accomplished much in the four years since Greg joined, efficiently
liquidating passive investments, completing transactions that have
transformed the company, setting us on a good course for the
future, and delivering substantial shareholder value. During his
tenure, our equities have significantly outperformed the broader
market and our media peers." "I am gratified to receive this
endorsement from John and the Board," said Greg Maffei, Liberty
Media President and CEO. "Liberty has tremendous brands and assets
that are well positioned for the future. I look forward to working
with our great leadership teams, at Liberty and the operating
companies, and am excited about our prospects in the dynamic media
landscape." A Form 8-K summarizing the draft arrangement was filed
today with the Securities and Exchange Commission. About Liberty
Media Corporation Liberty Media owns interests in a broad range of
electronic retailing, media, communications and entertainment
businesses. Those interests are attributed to three tracking stock
groups: (1) the Liberty Interactive group
(NASDAQ:LINTANASDAQ:LINTB), which includes Liberty Media's
interests in QVC, Provide Commerce, Backcountry.com, BUYSEASONS,
Bodybuilding.com, IAC/InterActiveCorp, and Expedia, (2) the Liberty
Starz group (NASDAQ:LSTZANASDAQ: LSTZB), which includes Liberty
Media's interests in Starz Entertainment and ViaSat, Inc., and (3)
the Liberty Capital group (NASDAQ:LCAPANASDAQ:LCAPB), which
includes all businesses, assets and liabilities not attributed to
the Interactive group or the Starz group including its subsidiaries
Starz Media, LLC, Atlanta National League Baseball Club, Inc., and
TruePosition, Inc., Liberty Media's interest in SIRIUS XM Radio,
Inc., and minority equity investments in Time Warner Inc., Time
Warner Cable and Sprint Nextel Corporation. Contact: Courtnee
Ulrich 720-875-5420 DATASOURCE: Liberty Media Corporation CONTACT:
Courtnee Ulrich of Liberty Media Corporation, +1-720-875-5420 Web
Site: http://www.libertymedia.com/
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