QVC Group Inc.

5.92

+0.04000.68%

Volume:20.06K

Turnover:117.10K

Market Cap:2.36B

PE:-1.82

High:6.12

Open:6.12

Low:5.27

Close:5.88

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WEST CHESTER, Pa., March 18, 2025 /PRNewswire/ -- QVC GroupSM, part of QVC Group, Inc. , today announced the appointment of Alex Wellen as President & Chief Growth Officer, QVC Group. Wellen brings over 20 years of experience in digital media, product innovation and driving impactful growth strategies. He will report to David Rawlinson II, President and CEO, QVC Group, Inc.Wellen will define and lead QVC Group's growth strategy across U.S. Social Selling, Streaming, Digital , New Business Development, and Platform Distribution. He will oversee a growing, multifunctional team, introduce new capabilities into the organization, and develop and execute plans to drive success and growth at QVC Group.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. 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Agree to New Three-Year Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2514115321","media":"Business Wire","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514115321?lang=en_us&edition=fundamental","pubTime":"2025-02-28 21:15","pubTimestamp":1740748500,"startTime":"0","endTime":"0","summary":"ENGLEWOOD, Colo., February 28, 2025----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","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/david-rawlinson-qvc-group-inc-131500504.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["QVCC","BK4080","BK4231","QVCD","QVCGB","QVCGP","ADC","QVCGA"],"gpt_icon":0}],"pageSize":4,"totalPage":3,"pageCount":1,"totalSize":11}]}}