Liberty Media Corporation Announces Management Changes
October 25 2011 - 7:26PM
Business Wire
Liberty Media Corporation (Nasdaq: LCAPA, LCAPB, LSTZA, LSTZB)
today announced the following management changes effective as of
November 1st.
Christopher W. Shean has been appointed to the position of
Senior Vice President and Chief Financial Officer and will continue
to report to Gregory B. Maffei, Liberty Media’s President and CEO.
As Senior Vice President and CFO, Mr. Shean will oversee all
accounting and treasury functions at Liberty Media. Mr. Shean most
recently served as Senior Vice President/Controller, and has held
several executive positions in the Liberty group prior to that.
Prior to joining Liberty, Mr. Shean served as a partner in the
assurance practice of the accounting firm of KPMG.
David J.A. Flowers has been appointed Senior Vice President and
Managing Director, Alternative Investments and will continue to
report to Mr. Maffei. Mr. Flowers will focus on deploying Liberty
Media’s capital in opportunities in a broad range of areas. Mr.
Flowers has been Senior Vice President/Treasurer since 2000 and has
held other executive positions with the Liberty group since 1995.
In connection with assuming his new role, Mr. Flowers will no
longer serve as Treasurer of the company.
“We are happy to announce these promotions which we believe will
benefit the organization,” said Greg Maffei. “We congratulate Chris
and Dave and look forward to their continued service at Liberty in
these new roles.”
About Liberty Media Corporation
Liberty Media owns interests in a broad range of media,
communications and entertainment businesses. Those interests are
attributed to two tracking stock groups: (1) the Liberty Starz
group (Nasdaq: LSTZA, LSTZB), which includes its interest in Starz,
LLC, and (2) the Liberty Capital group (Nasdaq: LCAPA, LCAPB),
which includes its subsidiaries Atlanta National League Baseball
Club, Inc., and TruePosition, Inc., its interest in SiriusXM, Live
Nation and Barnes & Noble, and minority equity investments in
Time Warner Inc. and Viacom.
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