tiprankstipranks
Liberty Media Names Derek Chang as CEO
Company Announcements

Liberty Media Names Derek Chang as CEO

Story Highlights

Stay Ahead of the Market:

Liberty Media Liberty Formula One ( (FWONA) ) has shared an announcement.

Liberty Media Corporation announced the appointment of Derek Chang as President and Chief Executive Officer, effective February 1, 2025. This leadership change, with Chang bringing extensive experience from global media, sports, and entertainment sectors, is aimed at optimizing the company’s portfolio and supporting growth in key assets like Formula 1 and MotoGP, indicating a strategic focus on long-term investment opportunities and enhancing shareholder value.

More about Liberty Media Liberty Formula One

Liberty Media Corporation operates in the media, sports, and entertainment industries, with interests attributed to two tracking stock groups: the Formula One Group and the Liberty Live Group. The Formula One Group includes subsidiaries such as Formula 1 and Quint, while the Liberty Live Group involves interests in Live Nation and other investments.

YTD Price Performance: 1.21%

Average Trading Volume: 109,144

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $28.65B

See more insights into FWONA stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App