Qurate Retail, Inc. Announces Board Changes, Effective January 1, 2022
December 09, 2021 at 06:04 am EST
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On December 6, 2021, David Rawlinson II was appointed to the board of directors (the Board) of Qurate Retail, Inc. (the Corporation), effective January 1, 2022. As previously announced, Michael A. George will resign from the Board effective January 1, 2022. Following the effectiveness of Mr. Rawlinsons appointment and Mr. Georges resignation, the Corporation will have a total of eleven directors, divided among three classes, with Mr. Rawlinson serving as a Class II director with a term expiring at the annual meeting of stockholders in 2024. Upon the effectiveness of his appointment, Mr. Rawlinson will serve on the Executive Committee of the Board.
Qurate Retail, Inc. owns controlling and non-controlling interests in a range of video and online commerce companies. It operates through its subsidiaries, QVC, Inc. (QVC), which includes, HSN, Inc. (HSN) and Cornerstone Brands, Inc. (CBI). The Companyâs segments include QxH, QVC and CBI. QxH segment markets and sells a variety of consumer products in the United States, primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications. QVC International segment markets and sells a variety of consumer products in several foreign countries, primarily by means of its televised shopping programs and via the Internet through its international websites and mobile applications. CBI segment consists of a portfolio of aspirational home and apparel brands in the United States, which sells merchandise through brick-and-mortar retail locations, as well as via the Internet through their websites.