David Rawlinson and QVC Group, Inc. Agree to New Three-Year Deal
01 March 2025 - 12:15AM
Business Wire
Rawlinson’s term as President and CEO extended
through December 31, 2027.
QVC Group, Inc. and David Rawlinson have reached a new agreement
that would extend his term as President and CEO through December
31, 2027.
“I have been honored to serve as President and CEO of QVC Group
and I am excited about the opportunity ahead for the company. Over
the last three years, the team has successfully navigated a tragic
fire, post-COVID retrenchment, and significant levels of
cord-cutting, and still driven bottom-line results,” Rawlinson
said. “Now, we can take a more nimble and more profitable QVC Group
and target a return to growth. As shopping grows quickly on social
and streaming platforms, we are well positioned to use our
exceptional content creation and selling capabilities to capture
market share. We still believe retail can be joyful and human.”
Through the WIN growth strategy, QVC GroupSM will build on its
proud legacy in TV and become a live social shopping company by
accelerating its already-successful efforts in social and
streaming. The strategy is grounded in three priorities:
- Wherever She Shops: Drive live shopping content to
everywhere she spends her time
- Inspiring People and Products: Create the world’s
leading live social shopping content engine, inspiring human
connection with incredible finds
- New Ways of Working: Lean into technology and continuous
improvement to fund expansion onto new platforms and into new
audiences
“During David’s tenure, he has continued to lead with confidence
and great vision, successfully architecting and delivering the
company’s multiyear Project Athens initiative, which improved our
profitability despite a challenging macro environment,” said Greg
Maffei, Executive Chairman, QVC Group, Inc. “The Board and I are
confident he can lead QVC Group through its next chapter as we
focus on growth and transforming into a live social shopping
company.”
About QVC Group
QVC GroupSM is a live social shopping company that redefines the
shopping experience through video-driven commerce on every screen,
from smartphones and tablets to laptops and TVs. QVC Group brings
innovative products, compelling content, and unforgettable moments
to millions of shoppers worldwide via social platforms, streaming
apps, ecommerce sites and TV channels, making every screen a
doorway to discovery, delight and community.
QVC Group reaches more than 200 million homes worldwide via 15
television channels, which are widely available on cable/satellite
TV, free over-the-air TV, and FAST and other digital livestreaming
TV. The retailer also reaches millions of customers via its QVC+
and HSN+ streaming experience, Facebook, Instagram, TikTok,
YouTube, Pinterest, websites, mobile apps, print catalogs, and
in-store destinations.
QVC Group, Inc. (NASDAQ: QVCGA, QVCGB, QVCGP) is a Fortune 500
company with six leading retail brands – QVC®, HSN®, Ballard
Designs®, Frontgate®, Garnet Hill® and Grandin Road® – and other
minority interests. Headquartered in West Chester, Pa., QVC Group
has team members in the U.S., the U.K., Germany, Japan, Italy,
Poland and China. For more information, visit qvcgrp.com or follow
QVC Group on YouTube or LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20250227418451/en/
QVC Group, Inc. Investor Relations Shane Kleinstein,
720-875-5432
QVC Group Media Contact media.relations@qvc.com
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