{"id":382962,"date":"2020-11-17T09:03:17","date_gmt":"2020-11-17T14:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=382962"},"modified":"2020-11-17T09:03:17","modified_gmt":"2020-11-17T14:03:17","slug":"qurate-retail-inc-announces-extension-of-employment-agreement-of-president-and-ceo-mike-george-and-planned-retirement-at-the-end-of-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qurate-retail-inc-announces-extension-of-employment-agreement-of-president-and-ceo-mike-george-and-planned-retirement-at-the-end-of-2021\/","title":{"rendered":"Qurate Retail, Inc. Announces Extension of Employment Agreement of President and CEO Mike George and Planned Retirement at the End of 2021"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Qurate Retail, Inc. Announces Extension of Employment Agreement of President and CEO Mike George and Planned Retirement at the End of 2021<\/b><\/p>\n<p>ENGLEWOOD, Colo.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nQurate Retail, Inc. (\u201cQurate Retail\u201d) (Nasdaq: QRTEA, QRTEB) today announced that President and CEO Mike George has extended his employment agreement through the end of 2021 and will be retiring from the company at that time. The early announcement allows ample time for transition planning and an executive search process.\n<\/p>\n<p>\n\u201cAfter leading QVC and Qurate Retail for nearly half the life of the company, I will be retiring at the end of 2021. This decision was made with careful consideration for our company, team members, partners and shareholders,\u201d said Mike George, President and CEO, Qurate Retail, Inc. \u201cThe company is well positioned to thrive in this new era of retail by providing differentiated experiences across traditional commerce and new media platforms. We have many strong leaders and a committed and passionate team who will continue to grow our business by providing unique products and an incredible customer experience across every touchpoint.\u201d\n<\/p>\n<p>\n\u201cMike George has provided strong leadership at Qurate Retail for fifteen years and successfully led the business through many challenges and changes, including most recently COVID-19. I\u2019m very pleased that he has agreed to stay on for another year during which time the Board, Mike and I will work together to find the next leader of Qurate Retail,\u201d said Greg Maffei, Qurate Executive Chairman. \u201cWe have strong internal candidates and will also consider external candidates to find the best leader to drive our future and further build upon Qurate Retail\u2019s strong performance trajectory. I want to thank Mike for being a great partner over these many years and for his dedication to growing Qurate Retail to the benefit of our teams, customers, and shareholders.\u201d\n<\/p>\n<p><span class=\"bwuline\">About Qurate Retail, Inc.<\/span><\/p>\n<p>\nQurate Retail, Inc. operates and owns interests in a broad range of digital commerce businesses. Qurate Retail, Inc.\u2019s businesses and assets consist of QVC (and its subsidiaries, including HSN), Zulily and the Cornerstone Brands (collectively, the Qurate Retail Group) as well as various green energy and other investments.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201117005167r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201117005167\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201117005167\/en\/<\/a><\/span><\/p>\n<p><b>Qurate Retail, Inc.<br \/>\n<\/b><br \/>Courtnee Chun, 720-875-5420\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Colorado<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Online Retail Fashion Other Retail Luxury Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201117005167\/en\/650862\/3\/Qurate_Retail_Inc.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Qurate Retail, Inc. Announces Extension of Employment Agreement of President and CEO Mike George and Planned Retirement at the End of 2021 ENGLEWOOD, Colo.&#8211;(BUSINESS WIRE)&#8211; Qurate Retail, Inc. (\u201cQurate Retail\u201d) (Nasdaq: QRTEA, QRTEB) today announced that President and CEO Mike George has extended his employment agreement through the end of 2021 and will be retiring from the company at that time. The early announcement allows ample time for transition planning and an executive search process. \u201cAfter leading QVC and Qurate Retail for nearly half the life of the company, I will be retiring at the end of 2021. This decision was made with careful consideration for our company, team members, partners and shareholders,\u201d said Mike George, President and CEO, Qurate &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qurate-retail-inc-announces-extension-of-employment-agreement-of-president-and-ceo-mike-george-and-planned-retirement-at-the-end-of-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Qurate Retail, Inc. Announces Extension of Employment Agreement of President and CEO Mike George and Planned Retirement at the End of 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-382962","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Qurate Retail, Inc. 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Announces Extension of Employment Agreement of President and CEO Mike George and Planned Retirement at the End of 2021 ENGLEWOOD, Colo.&#8211;(BUSINESS WIRE)&#8211; Qurate Retail, Inc. (\u201cQurate Retail\u201d) (Nasdaq: QRTEA, QRTEB) today announced that President and CEO Mike George has extended his employment agreement through the end of 2021 and will be retiring from the company at that time. The early announcement allows ample time for transition planning and an executive search process. \u201cAfter leading QVC and Qurate Retail for nearly half the life of the company, I will be retiring at the end of 2021. This decision was made with careful consideration for our company, team members, partners and shareholders,\u201d said Mike George, President and CEO, Qurate &hellip; Continue reading &quot;Qurate Retail, Inc. 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