Liberty Interactive Corporation Announces Management Changes
September 01 2016 - 4:10PM
Business Wire
Liberty Interactive Corporation (“Liberty Interactive”) (Nasdaq:
QVCA, QVCB, LVNTA, LVNTB) today announced the following management
changes effective as of October 1st.
Mark D. Carleton has been appointed to the position of Chief
Financial Officer and will continue to report to Greg Maffei,
Liberty Interactive’s President and CEO. As Chief Financial
Officer, Mr. Carleton will oversee all accounting and treasury
functions at Liberty Interactive. Mr. Carleton most recently served
as Chief Development Officer, and has held several senior executive
positions at Liberty Interactive’s predecessors. Prior to joining
Liberty Interactive’s predecessors, Mr. Carleton served as a
partner in the accounting firm of KPMG, where he had overall
responsibility for the communications sector and served on KPMG’s
board of directors.
Christopher W. Shean has been appointed Senior Advisor and will
continue to report to Mr. Maffei. Mr. Shean will continue to
oversee certain of Liberty Interactive’s significant investments.
He also will continue to serve as Liberty Interactive’s designee to
the boards of Expedia, Inc. and FTD Companies, Inc. and is expected
to serve as the President and CEO of Liberty Expedia Holdings, Inc.
when the previously announced split-off occurs. Mr. Shean has been
Chief Financial Officer since 2011 and has held other senior
executive positions with Liberty Interactive and its predecessors
since 2000. In connection with assuming his new role, Mr. Shean
will no longer serve as Chief Financial Officer of Liberty
Interactive.
Albert E. Rosenthaler has been appointed to the position of
Chief Corporate Development Officer and will continue to report to
Mr. Maffei. As Chief Corporate Development Officer, Mr. Rosenthaler
will be responsible for identifying and pursuing investment and
other opportunities and will assist in setting strategic direction
to maximize shareholder value. Mr. Rosenthaler will also oversee
Liberty Interactive’s senior tax officer who will have day-to-day
responsibility for aspects of Liberty Interactive’s tax strategies
and compliance. Mr. Rosenthaler most recently served as Chief Tax
Officer, and has served as top tax officer for Liberty Interactive
and its predecessors since 2002. Prior to joining Liberty
Interactive’s predecessors, he was a tax partner at Arthur Andersen
serving clients in the cable television, telecommunications, oil
and gas, public utilities and financial services businesses.
"We are pleased to announce these management changes, which will
benefit the organization," said Greg Maffei. "We congratulate Mark,
Chris, and Albert and look forward to their continued service at
Liberty Interactive in these new roles.”
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 Corporation's subsidiaries, QVC, Inc. and zulily, llc,
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
interests in Expedia, Liberty Broadband Corporation and FTD, its
subsidiaries Bodybuilding.com and Evite, and minority interests in
Interval Leisure Group, Time Warner, Lending Tree and Charter.
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