QVC, Inc. Launches Search For New CFO

Ted Jastrzebski to Depart in May to Pursue a New Opportunity

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Feb 23, 2018, 09:00 ET

WEST CHESTER, Pa., Feb. 23, 2018 /PRNewswire/ -- QVC, Inc. ("QVC"), the global leader in video commerce and a leader in ecommerce, mobile commerce and social commerce, today announced that Ted Jastrzebski will be stepping down as Chief Financial Officer, effective Thursday, May 17, 2018, to pursue a new opportunity outside of the retail industry. QVC has begun the search for a new Chief Financial Officer.

"Ted has been an important member of our executive team for more than four years, providing strategic insight as we have transformed our organization," said QVC CEO Mike George. "His global mindset and experience, combined with his pragmatic, entrepreneurial approach, have helped us drive our business forward. I want to thank Ted for his many contributions, including unifying Global Finance as a partnership-oriented team, the creation of our Global Business Services in Poland, and his role in the recent acquisitions that brought zulily, HSN, Ballard Designs, Frontgate, Garnet Hill, Grandin Road and Improvements into our family of companies."

"I am proud to have contributed to the transformation of QVC," said Jastrzebski. "As I look forward, I know QVC has a strong and seasoned team in place to build upon this momentum."

Mark Carleton continues to serve as the Chief Financial Officer of Liberty Interactive Corporation (the parent company of QVC).

About QVC
QVC exceeds the expectations of everyone we touch by delivering the joy of discovery through the power of relationships. Every day, in nine countries and counting, QVC engages millions of shoppers in a journey of discovery through an ever-changing collection of familiar brands and fresh new products, from home and fashion to beauty, electronics and jewelry. Along the way, we connect shoppers to interesting personalities, engaging stories, and award-winning customer service. Based in West Chester, Pa. and founded in 1986, QVC has more than 17,000 employees and has retail operations in the U.S., Japan, Germany, United Kingdom, Italy, France, and through a joint venture in China. Worldwide, QVC engages shoppers over 14 broadcast networks reaching nearly 360 million homes, seven websites, and 195 social pages. Visit corporate.qvc.com to learn more.

QVC is a wholly owned subsidiary of Liberty Interactive Corporation and is attributed to the QVC Group tracking stock (NASDAQ: QVCA, QVCB). QVC, Q, and the Q Ribbon Logo are registered service marks of ER Marks, Inc. For more information on Liberty Interactive Corporation, visit www.libertyinteractive.com.

SOURCE QVC, Inc.