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.
Greg Maffei | |
|---|---|
 | |
| Born | May 24, 1960 |
| Education | Dartmouth College (BA) Harvard University (MBA) |
| Occupation | Businessman |
| Political party | Republican[1] |
Early life and education
editMaffei 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
editMaffei joined Liberty Media in 2005. He serves as its president and CEO. Liberty Media owns media, communications and entertainment businesses, including subsidiaries Formula 1, 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
editMario 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
editMaffei lives in Colorado with his wife and children.[13]
He donated $250,000 to Donald Trump's inauguration committee.[14]
References
edit- ^ "Gregory Maffei Political Campaign Contributions 2016 Election Cycle".
- ^ "MANAGEMENT". Liberty Media. Retrieved June 4, 2017.
- ^ "TripAdvisor - Definitive Proxy Statement". ir.tripadvisor.com. Archived from the original on 2017-02-13. Retrieved 2017-04-26.
- ^ Sisario, Ben (14 March 2013). "Live Nation Names Gregory B. Maffei Chairman". New York Times.
- ^ "Board of Directors – Zillow Group". www.zillowgroup.com. Archived from the original on 2019-03-27. Retrieved 2017-04-26.
- ^ Melby, Caleb (23 April 2015). "Malone's Four Liberty Spinoffs Pay Maffei Combined $57 Million". Bloomberg.
- ^ "Greg Maffei". www.dartmouth.edu. Retrieved 2017-04-19.
- ^ "Donors to the Central Library | The Seattle Public Library". www.spl.org. Archived from the original on 2017-11-01. Retrieved 2017-04-26.
- ^ "IAC/InterActiveCorp - Current Report". ir.iac.com. Archived from the original on 2017-04-27. Retrieved 2017-04-26.
- ^ "Maffei leaving Starbucks' board". The Seattle Times. Retrieved 28 April 2017.
- ^ "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.
- ^ "Justice Department opens investigation into Liberty Media over F1 Andretti clash". NBC News. 2024-08-08. Retrieved 2024-08-15.
- ^ "CEO Greg Maffei giving Liberty a lift". No. Business. The Denver Post. March 26, 2010. Retrieved 28 April 2017.
- ^ Avery, Greg (April 19, 2017). "Here are Colorado's biggest donors to Trump's inauguration". Denver Business Journay.