Ï㽶´«Ã½ Announces Management Changes
ENGLEWOOD, Colo.--(BUSINESS WIRE)—Ï㽶´«Ã½ (“Ï㽶´«Ã½ 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, Ï㽶´«Ã½ Media's President and CEO. As Chief Financial Officer, Mr. Carleton will oversee all accounting and treasury functions at Ï㽶´«Ã½ Media. Mr. Carleton most recently served as Chief Development Officer, and has held several senior executive positions at Ï㽶´«Ã½ companies. Prior to joining Ï㽶´«Ã½ 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 Ï㽶´«Ã½’ Media’s significant investments. Mr. Shean has been Chief Financial Officer since 2011 and has held other senior executive positions with Ï㽶´«Ã½ Media and its predecessors since 2000. In connection with assuming his new role, Mr. Shean will no longer serve as Chief Financial Officer of Ï㽶´«Ã½ 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 Ï㽶´«Ã½ Media’s senior tax officer who will have day-to-day responsibility for aspects of Ï㽶´«Ã½ Media’s tax strategies and compliance. Mr. Rosenthaler most recently served as Chief Tax Officer, and has served as top tax officer for Ï㽶´«Ã½ Media and its predecessors since 2002. Prior to joining Ï㽶´«Ã½ 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 Ï㽶´«Ã½ Media in these new roles.”
About Ï㽶´«Ã½
Ï㽶´«Ã½ operates and owns interests in a broad range of media, communications and entertainment businesses. Those businesses are attributed to three tracking stock groups: the Ï㽶´«Ã½ SiriusXM Group, the Ï㽶´«Ã½ Braves Group and the Ï㽶´«Ã½ Media Group. The businesses and assets attributed to the Ï㽶´«Ã½ SiriusXM Group (Nasdaq: LSXMA, LSXMB, LSXMK) include our interest in SiriusXM. The businesses and assets attributed to the Ï㽶´«Ã½ Braves Group (Nasdaq: BATRA, BATRK) include our subsidiary Braves Holdings, LLC. The businesses and assets attributed to the Ï㽶´«Ã½ Media Group (Nasdaq: LMCA, LMCK) consist of all of Ï㽶´«Ã½'s businesses and assets other than those attributed to the Ï㽶´«Ã½ SiriusXM Group and the Ï㽶´«Ã½ Braves Group, including its interest in Live Nation Entertainment, and minority equity investments in Time Warner Inc. and Viacom.
Ï㽶´«Ã½
Courtnee Chun, 720-875-5420
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