Greg Maffei

Last updated
Greg Maffei
Greg - head shot 2.jpg
Born (1960-05-24) May 24, 1960 (age 64)
Education Dartmouth College (BA)
Harvard University (MBA)
OccupationBusinessman
Political party Republican [1]

Gregory B. Maffei (born May 24, 1960) is an American businessman. He is the ex president and chief executive officer of Liberty Media and the chairman of Live Nation Entertainment, Sirius XM and TripAdvisor. He is the chairman emeritus of Starz and Expedia, as well as the former chief financial officer of Oracle and Microsoft.

Contents

Early life and education

Maffei was born on May 24, 1960.[ citation needed ] He attended Groton School,[ citation needed ] received an AB from Dartmouth College and an MBA from Harvard Business School, where he was a Baker Scholar. [2]

Business career

Maffei joined Liberty Media in 2005. He serves as its president and CEO. Liberty Media owns media, communications and entertainment businesses, including subsidiaries Formula One, Sirius XM and the Atlanta Braves and an interest in Live Nation Entertainment. Maffei is also President and CEO of Liberty Broadband Corporation, which consists primarily of a stake in Charter Communications, and serves as Chairman and CEO of Liberty TripAdvisor, which holds a controlling interest in TripAdvisor. [3] Liberty Broadband and Liberty TripAdvisor were spun off from Liberty Media and Liberty Interactive, respectively, in 2014. [4] In addition, Maffei serves as Executive Chairman of Qurate Retail, Inc., which owns digital commerce businesses, including subsidiaries QVC, HSN, Zulily and the Cornerstone Brands.

He also serves as chairman of the board of the Liberty-related companies, Live Nation Entertainment, Sirius XM and TripAdvisor, and as a director of Charter Communications and Zillow. [5] Maffei has been leading the team in transforming these companies to compete in the digital/mobile era alongside Chairman John C. Malone. [6]

Maffei is Vice Chair of the Board of Trustees of Dartmouth College and serves as Chair of the Finance Committee, and is a member of the Council on Foreign Relations. [7] He previously served as President of the Board of Trustees of the Seattle Public Library. [8]

Prior to joining Liberty Media, Maffei served as President and CFO of Oracle, Chairman, President and CEO of 360networks, CFO of Microsoft, and Chairman of the Board of Expedia. [9] Maffei was the Chairman of the Board of Starz and a Director of Barnes & Noble, Citrix, DIRECTV, Dorling Kindersley, Electronic Arts, and Starbucks Coffee. [10]

Controversies

Mario Andretti says that at the 2024 Miami Grand Prix he was having a private conversation with Formula One CEO Stefano Domenicali about his son Michael Andretti's bid to join the F1 grid for 2025 being denied controversially, when Maffei butted in and said "Mario, I want to tell you that I will do everything in my power to see that Michael never enters Formula 1." [11] With their collusion against Andretti becoming a matter of public record, Liberty subsequently disclosed that the United States Department of Justice has opened a probe into Formula One Management (owned by Liberty Media) for rejecting Andretti's bid to join Formula One, citing anti-competitive practices. [12]

Personal life

Maffei lives in Colorado with his wife and children. [13]

He donated $250,000 to Donald Trump's inauguration committee. [14]

Related Research Articles

Satellite radio is defined by the International Telecommunication Union (ITU)'s ITU Radio Regulations (RR) as a broadcasting-satellite service. The satellite's signals are broadcast nationwide, across a much wider geographical area than terrestrial radio stations, and the service is primarily intended for the occupants of motor vehicles. It is available by subscription, mostly commercial free, and offers subscribers more stations and a wider variety of programming options than terrestrial radio.

<span class="mw-page-title-main">Sirius Satellite Radio</span> Satellite radio service owned by Sirius XM

Sirius Satellite Radio Inc. was a satellite radio (SDARS) and online radio service operating in North America, owned by Sirius XM Holdings.

<span class="mw-page-title-main">Liberty Media</span> American mass media company

Liberty Media Corporation is an American mass media company founded by John C. Malone in 1991. The company has three divisions, reflecting its ownership stakes in the Formula One Group, Sirius XM, and Live Nation Entertainment. The Sirius XM Holdings segment operates two audio entertainment companies, Sirius XM and Pandora. Sirius XM offers channels and information and entertainment services. Pandora is a streaming platform for searching for music and podcasts. As of 2024, Liberty Media is set to own three global motorsport businesses in the form of Formula One, Grand Prix motorcycle racing and World Superbikes.

<span class="mw-page-title-main">Barry Diller</span> American businessman and media executive (born 1942)

Barry Charles Diller is an American businessman. He is chairman and senior executive of IAC and Expedia Group and founded the Fox Broadcasting Company and USA Broadcasting. Diller was inducted into the Television Hall of Fame in 1994.

<span class="mw-page-title-main">IAC Inc.</span> American media and internet company

IAC Inc. is an American holding company that owns brands across 100 countries, mostly in media and Internet. The company originated in 1996 as HSN Inc. as the holding company of Home Shopping Network and USA Network before changing its name to USA Networks, Inc. in 1999 and its television assets were sold to Vivendi in 2002. Those are now owned today by NBCUniversal, a subsidiary of Comcast.

John Carl Malone is an American billionaire businessman, landowner, and philanthropist. He was chief executive officer (CEO) of Tele-Communications Inc. (TCI), a cable and media giant, for twenty-four years from 1973 to 1996. Malone is now chairman and largest voting shareholder of Liberty Media, Liberty Global, and Qurate Retail Group, and also owned 7% of Lionsgate and Starz Inc. He was interim CEO of Liberty Media, until succeeded by former Microsoft and Oracle CFO Greg Maffei.

<span class="mw-page-title-main">Mel Karmazin</span> American executive (born 1943)

Melvin Alan "Mel" Karmazin is an American executive. He was the president of Infinity Broadcasting and eventually became the president and CEO of CBS. From 2004 to 2012, he was the CEO of Sirius Radio. In October 2012, Karmazin announced that he would be stepping down on February 1, 2013. Upon his departure, John C. Malone took over Karmazin's role at SiriusXM.

<span class="mw-page-title-main">Expedia Group</span> US online travel shopping company

Expedia Group, Inc. is an American travel technology company that owns and operates travel fare aggregators and travel metasearch engines, including Expedia, Hotels.com, Vrbo, Travelocity, Hotwire.com, Orbitz, Ebookers, CheapTickets, CarRentals.com, Expedia Cruises, Wotif, and Trivago. Over 3 million lodging facilities and flights on over 500 airlines are bookable on the company's websites. It has 16,500 employees, and its headquarters are located in Seattle, Washington.

Tripadvisor, Inc. is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.

<span class="mw-page-title-main">Zillow</span> American real estate website

Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by co-executive chairmen Rich Barton and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current technology leadership advisor.

<span class="mw-page-title-main">Chase Carey</span> Irish-American executive (born 1953)

Chase Carey is an Irish-born American executive. He is the former chief executive officer and executive chairman of the Formula One Group. He has previously worked for News Corp, DIRECTV, 21st Century Fox and Sky plc.

<span class="mw-page-title-main">Martin Whitmarsh</span> British businessman (born 1958)

Martin Richard Whitmarsh is a British businessman and Group CEO of the Aston Martin Performance Technologies team since 21 September 2021. Whitmarsh is best known to motorsport insiders, media, and fans for his long and successful period at McLaren, for which he worked for 25 years (1989–2014) in various senior positions, including group chief executive officer, as well as Formula One Team Principal for six years (2008–2014).

Sirius XM Holdings Inc. is an American broadcasting corporation headquartered in Midtown Manhattan, New York City, that provides satellite radio and online radio services operating in the United States. The company was formed by the 2008 merger of Sirius Satellite Radio and XM Satellite Radio, merging them into SiriusXM Radio. The company also has a 70% equity interest in Sirius XM Canada, an affiliate company that provides Sirius and XM service in Canada. On May 21, 2013, Sirius XM Holdings, Inc. was incorporated, and in January 2020, SiriusXM reorganized their corporate structure, which made Sirius XM Radio Inc. a direct, wholly owned subsidiary of Sirius XM Holdings, Inc.

Richard Barton is an American internet entrepreneur who is the co-executive chairman and a former two-time chief executive officer of Zillow Group, a company he co-founded in 2006. Barton founded online travel company Expedia, Inc., real-estate internet company Zillow, and job search engine and career community Glassdoor. He also founded the online travel photography sharing website and app Trover, which was acquired by Expedia in 2016. Barton was also a venture partner at Benchmark, and is on the board of directors for Netflix, Avvo, Nextdoor, and Artsy. He serves on the Stanford University Board of Trustees.

Jonathan F. Miller was CEO of Digital Media at News Corp until 2012 and was the chairman and CEO of America Online from 2002 to 2006.

<span class="mw-page-title-main">Qurate Retail Group</span> American fashion holding company

Qurate Retail, Inc., also known as Qurate Retail Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.

Eddy W. Hartenstein is a business leader and has with a career in the media industry. Hartenstein currently serves as a board member at Broadcom, where he is also lead independent director, TiVo, and Sirius XM Radio, where he is also lead independent director. He also remains a director of Tribune Publishing. He previously served as a director on the boards of City of Hope, Oath, SanDisk, Technicolor and Converse.

Spencer Rascoff is an American entrepreneur and businessman. He was the co-founder and former chief executive officer of Zillow Group, as well as one of the co-founders of Hotwire.com. Rascoff was on the board of directors of Palantir. Additionally, Rascoff held the position of Visiting Executive Professor at Harvard Business School where he co-created and co-taught the “Managing Tech Ventures” course.

Christopher J. McGurk became the chairman and chief executive officer of Cinedigm Digital Cinema in January 2011. He serves as director of Cookie Jar Entertainment Holdings, the Foundation of Motion Picture Pioneers; the American Cinematheque board of directors; and the Entertainment Industries Council board of trustees. McGurk received the H.E.L.P. Group's “Spirit of Hope Award” in 2002, and its “Leader of Vision“ award in 2003.

Roger Lynch is the chief executive officer (CEO) of Condé Nast. Since joining Condé Nast in 2019, Lynch has been responsible for integrating the media company's U.S. and international businesses.

References

  1. "Gregory Maffei Political Campaign Contributions 2016 Election Cycle".
  2. "MANAGEMENT". Liberty Media. Retrieved June 4, 2017.
  3. "TripAdvisor - Definitive Proxy Statement". ir.tripadvisor.com. Archived from the original on 2017-02-13. Retrieved 2017-04-26.
  4. Sisario, Ben (14 March 2013). "Live Nation Names Gregory B. Maffei Chairman". New York Times.
  5. "Board of Directors – Zillow Group". www.zillowgroup.com. Archived from the original on 2019-03-27. Retrieved 2017-04-26.
  6. Melby, Caleb (23 April 2015). "Malone's Four Liberty Spinoffs Pay Maffei Combined $57 Million". Bloomberg.
  7. "Greg Maffei". www.dartmouth.edu. Retrieved 2017-04-19.
  8. "Donors to the Central Library | The Seattle Public Library". www.spl.org. Archived from the original on 2017-11-01. Retrieved 2017-04-26.
  9. "IAC/InterActiveCorp - Current Report". ir.iac.com. Archived from the original on 2017-04-27. Retrieved 2017-04-26.
  10. "Maffei leaving Starbucks' board". The Seattle Times. Retrieved 28 April 2017.
  11. "Andretti Reveals Clash With F1 Owner - 'Everything In My Power To See That Michael Never Enters F1'". F1Briefings. 2024-05-23. Retrieved 2024-05-23.
  12. "Justice Department opens investigation into Liberty Media over F1 Andretti clash". NBC News. 2024-08-08. Retrieved 2024-08-15.
  13. "CEO Greg Maffei giving Liberty a lift". No. Business. The Denver Post. March 26, 2010. Retrieved 28 April 2017.
  14. Avery, Greg (April 19, 2017). "Here are Colorado's biggest donors to Trump's inauguration". Denver Business Journay.