Michael George Named President and Chief Executive Officer of QVC, Inc.

Michael George Named President and Chief Executive Officer of QVC, Inc.

ENGLEWOOD, Colo., Oct. 28 /PRNewswire-FirstCall/ -- Liberty Media Corporation (NYSE:L)(NYSE:LMCB) ("Liberty") today announced the appointment of Michael George to the post of President and Chief Executive Officer of QVC, Inc. Mr. George will assume the role of President on December 1st and, after a four month transition period, will become the Chief Executive Officer. He will replace Doug Briggs who, as previously announced, is retiring.

Mr. George most recently served as the Chief Marketing Officer and General Manager of the U.S. Consumer Business of Dell, Inc. in Austin, Texas. In his role as the head of Dell's US Consumer Business, Mr. George had full responsibility for all Dell products and services sold into the home and home office markets. Mr. George also held general management responsibilities over Dell.com, one of the largest worldwide eCommerce sites. As Dell's Chief Marketing Officer, Mr. George was responsible for building the Dell Brand on a global basis, across consumer, corporate, public and small business markets.

Prior to joining Dell in March, 2001 Mr. George spent over 16 years with McKinsey & Co where, as a Senior Partner, he led the North America Retail, General Merchandise and Hospitality Industry Group. Mr. George received a Bachelor of Arts degree from Northwestern University and earned a Masters of Business Administration degree from the Kellogg Graduate School of Management at Northwestern University.

"We are very pleased to welcome Michael George to QVC and the Liberty family," stated Robert Bennett, President of Liberty Media Corporation. Mr. Bennett added, "Mr. George has a demonstrated track record of analyzing and understanding consumer behavior. This experience fits extremely well within the culture of QVC where customer focus has been a key tenet of the Company's amazing record of success. We are confident that Mr. George's strong blend of analytics and retail experience combined with his leadership qualities will result in a smooth transition from the outstanding stewardship of Doug Briggs."

Mr. George stated, "I am excited to be joining QVC, and look forward to working with the outstanding management team to continue their unparalleled growth. I also look forward to working alongside Doug Briggs over the next four months and learning from the experience and vision he has used to create the undisputed leader in television commerce." Mr. George added, "I am grateful for the support and confidence John Malone and Dob Bennett have shown me."

Liberty was assisted in the search by Howard Fischer Associates Inc. executive search consultants.

Liberty Media Corporation (NYSE:L)(NYSE:LMCB) is a holding company owning interests in a broad range of electronic retailing, media, communications and entertainment businesses. Its businesses include some of the world's most recognized and respected brands and companies, including QVC, Encore, Starz, IAC/InterActiveCorp, and News Corporation.

Source: Liberty Media Corporation

CONTACT: John Orr of Liberty Media Corporation, +1-720-875-5622

-------
Profile: intent