LIBERTY INTERACTIVE CORPORATION (NASDAQ:LVNTA) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On March 1, 2018, Liberty Interactive Corporation (the “Company”) issued a press release (the “Earnings Release”) setting forth information, including financial information, which is intended to supplement the financial statements and related Management's Discussion and Analysis of Financial Condition and Results of Operations contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2017, filed with the Securities and Exchange Commission (the “SEC”) on March 1, 2018.
This Item 2.02 and the Earnings Release attached hereto as Exhibit 99.1, insofar as they disclose historical information regarding the Company's results of operations or financial condition for the year ended December 31, 2017, are being furnished to the SEC.
Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 28, 2018, the Board of Directors of the Company approved the following changes to management and its board of directors, which will be effective upon the closing the proposed transactions with GCI Liberty, Inc., currently expected to occur at 4:01 p.m. ET on March 9, 2018:
Gregory B. Maffei will no longer serve as President and Chief Executive Officer of the Company. Mr.Maffei has served as a director of our company since November 2005 and will become Chairman of our Board of Directors. John C. Malone, the current Chairman of our Board of Directors, will remain a director of the Company.
Michael A. George will be appointed President and Chief Executive Officer of the Company. Mr.George, age 56, has served as a director of the Company since September 2011. He has served as the President of QVC,Inc. since November 2005 and as its Chief Executive Officer since April 2006, and it is expected that Mr. George will continue in these roles.
Item 7.01.Regulation FD Disclosure.
On February 28, 2018, the Company announced that thatMike George, President and CEO ofQVC, Inc., will be presenting at the UBS Global Consumer and Retail Conference on Wednesday, March 7th at 10:30 a.m., E.S.T. at the Four Seasons Hotel in Boston, MA.During his presentation,Mr. Georgemay make observations regarding the Company's financial performance and outlook, as well as other forward looking matters.
This Current Report on Form 8-K and the press release attached hereto as Exhibit 99.2 are being furnished to the Securities and Exchange Commission under Item 7.01 of Form 8-K in satisfaction of the public disclosure requirements of Regulation FD and shall not be deemed "filed" for any purpose.
Item 9.01.Financial Statements and Exhibits.