Qurate Retail, Inc. Announces David Rawlinson II as Next President and CEO
July 13 2021 - 08:15AM
Business Wire
Seasoned Technology and Media Executive to
Lead Global Multiplatform and Livestreaming Retail Group
Qurate Retail, Inc. (“Qurate Retail”) (Nasdaq: QRTEA, QRTEB,
QRTEP) today announced that David Rawlinson II will assume the role
of President and CEO effective October 1st. He will succeed Mike
George after a two-month transition period, beginning August 1st,
during which time David will serve as President and CEO-Elect.
“We are pleased to welcome David Rawlinson to the Qurate family.
David brings an impressive track record of success, most recently
with two storied brands, Nielsen and Grainger. At these companies,
David was a transformational leader and successfully managed the
businesses through evolutionary transitions. His knowledge of
global e-commerce, understanding of consumer trends and focus on
mission and culture as a purpose-driven leader make him a natural
fit for Qurate Retail. We look forward to his leadership as we
continue to deliver on our brand purpose and principles across all
our stakeholder groups,” said Greg Maffei, Qurate Retail Executive
Chairman. “The Board and I want to thank Mike George for being an
exceptional leader of QVC, and then Qurate Retail, for almost
sixteen years, bringing our unique video commerce experiences to
new generations of consumers worldwide, and especially for his
dedication and commitment during the pandemic.”
“Qurate Retail operates as a unique and powerful enterprise. The
world of shopping has been forever changed by the pandemic and
these brands have the international scale, customer affinity, and
expertise in driving and meeting demand across multiple platforms
to define the future of experiential retail,” said David Rawlinson
II. “QVC and HSN pioneered home shopping and are now set to define
a new world of seamless shopping. Zulily, Ballard Designs,
Frontgate, Garnet Hill and Grandin Road are all focused and modern
brands with passionate customers and unique value propositions.
Together, Qurate Retail is in a strong position to drive value for
our customers, shareholders, communities, and employees. I look
forward to working with the exceptional team at Qurate Retail and I
am grateful to Mike for being such a capable and values-driven
leader for the company. I also want to thank Greg and the Board for
this opportunity.”
“It’s bittersweet as I look to my retirement at the end of this
year. I could not be prouder of the Qurate Retail team and the way
they have evolved our business to a robust multi-brand portfolio of
truly differentiated lifestyle brands,” said Mike George, President
and CEO, Qurate Retail. “I am confident David’s experience, shared
values, and leadership will greatly benefit the entire Qurate
Retail community; I look forward to welcoming David and to working
together to support a seamless transition.”
Prior to joining NielsenIQ as CEO, David was President of
Grainger Global Online, where he led the fastest growth,
stand-alone division of W.W. Grainger, Inc. (NYSE: GWW), a Fortune
500 Company, and under his leadership the business grew double
digits every year and won multiple national awards for workplace
culture. David serves on the boards of Discover Financial Services
(NYSE: DFS) and NielsenIQ. He previously served on the board of
MonotaRO Co. Ltd., a top Japanese e-commerce and industrial retail
firm and Nielsen Holdings (NYSE: NLSN). David has also held
executive roles with ITT Exelis, formerly ITT Corp. He also served
a Presidential appointment as a White House Fellow and held various
appointed positions in both the Bush and Obama administrations. In
the Obama Administration, he was a Senior Advisor for Economic
Policy with the White House National Economic Council. He has an
MBA from Harvard Business School, a JD from the University of South
Carolina School of Law and is a graduate of The Citadel.
From October 1st until his retirement at year-end, Mike will
serve as a senior advisor to Qurate Retail to assist in
transitional matters. Effective January 1, 2022, and concurrently
with Mike’s retirement from the Board of Directors of Qurate
Retail, David will join the Board. Qurate Retail had announced in
November 2020 that Mike George would be retiring from the company
at the end of 2021, allowing ample time for transition planning and
an executive search process.
About Qurate Retail, Inc.
Qurate Retail, Inc. is a Fortune 500 company comprised of seven
leading retail brands – QVC®, HSN®, Zulily®, Ballard Designs®,
Frontgate®, Garnet Hill®, and Grandin Road® (collectively, “Qurate
Retail GroupSM”). Globally, Qurate Retail Group is a world leader
in video commerce, among the top 10 e-commerce retailers in North
America (according to Digital Commerce 360), and a leader in mobile
commerce and social commerce. The retailer reaches approximately
218 million homes worldwide via 14 television networks and reaches
millions more via multiple streaming services, social pages, mobile
apps, websites, print catalogs, and in-store destinations. Qurate
Retail, Inc. also holds various minority interests and green energy
investments.
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