Liberty Media CEO Greg Maffei Stepping Down as Company Spins Off Live Business ...Middle East

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Liberty Media CEO Greg Maffei Stepping Down as Company Spins Off Live Business
source : billboard ( Middle East ) () 65
Liberty Media signaled on Wednesday that longtime president and CEO Greg Maffei will step down at the end of the year, with chairman John Malone sliding in as interim CEO. Starting Jan. 1, Maffei will serve as a senior advisor for the company, aiding in the changeover amid a planned spin-off of its live entertainment assets into a new, publicly traded business. Over his 19-year tenure, Maffei led Liberty Media through significant growth, investing in high-profile companies including the Charter Communications, Live Nation Entertainment, the Atlanta Braves, SiriusXM, Formula 1 and DirecTV. The company said that under Ma

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