ENGLEWOOD, Colo.--(BUSINESS WIRE)--
Liberty Media Corporation ("Liberty Media") (Nasdaq: LSXMA, LSXMB,
LSXMK, BATRA, BATRK, LMCA, LMCK) 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 Media's
President and CEO. As Chief Financial Officer, Mr. Carleton will oversee
all accounting and treasury functions at Liberty Media. Mr. Carleton
most recently served as Chief Development Officer, and has held several
senior executive positions at Liberty companies. Prior to joining
Liberty Media'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 Media's significant investments. Mr. Shean has been Chief
Financial Officer since 2011 and has held other senior executive
positions with Liberty Media and its predecessors since 2000. In
connection with assuming his new role, Mr. Shean will no longer serve as
Chief Financial Officer of Liberty Media.
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 Media's
senior tax officer who will have day-to-day responsibility for aspects
of Liberty Media's tax strategies and compliance. Mr. Rosenthaler most
recently served as Chief Tax Officer, and has served as top tax officer
for Liberty Media and its predecessors since 2002. Prior to joining
Liberty Media'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 Media in
these new roles."
About Liberty Media Corporation
Liberty Media Corporation operates and owns interests in a broad range
of media, communications and entertainment businesses. Those businesses
are attributed to three tracking stock groups: the Liberty SiriusXM
Group, the Liberty Braves Group and the Liberty Media Group. The
businesses and assets attributed to the Liberty SiriusXM Group (Nasdaq:
LSXMA, LSXMB, LSXMK) include our interest in SiriusXM. The businesses
and assets attributed to the Liberty Braves Group (Nasdaq: BATRA, BATRK)
include our subsidiary Braves Holdings, LLC. The businesses and assets
attributed to the Liberty Media Group (Nasdaq: LMCA, LMCK) consist of
all of Liberty Media Corporation's businesses and assets other than
those attributed to the Liberty SiriusXM Group and the Liberty Braves
Group, including its interest in Live Nation Entertainment, and minority
equity investments in Time Warner Inc. and Viacom.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160901006431/en/
Liberty Media Corporation
Courtnee Chun, 720-875-5420
Source: Liberty Media Corporation
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