secwatch / observer

8-K filed July 13, 2021, 7:59 PM ET ticker QVCGA CIK 0001355096

leadership confidence high sentiment neutral materiality 0.70

Qurate Retail names David Rawlinson II as next President and CEO, succeeding Mike George on Oct 1

QVC Group, Inc.

Rawlinson will be President and CEO-Elect from Aug 1, then President and CEO effective Oct 1, 2021.
Mike George steps down as President (Aug 1) and CEO (Oct 1); stays as Senior Advisor through year-end.
Rawlinson gets $1.25M base salary, 125% target bonus, $1.4M signing bonus, and ~$12.6M in equity grants.
Rawlinson previously CEO of NielsenIQ and President of Grainger Global Online; joined Board expected Jan 2022.
Succession is planned; George's retirement was disclosed in Nov 2020.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

David Rawlinson II

President and Chief Executive Officer

QVCGA · QVC Group, Inc.

Effective: 2021-10-01
Filed: July 13, 2021, 7:59 PM ET

effective October 1, Mr. Rawlinson will serve as President and Chief Executive Officer of QRI, with Mr. George assuming the role of Senior Advisor.

Role change

Michael A. George

Chief Executive Officer

QVCGA · QVC Group, Inc.

Effective: 2021-10-01
Successor: David Rawlinson II
Filed: July 13, 2021, 7:59 PM ET

effective October 1, Mr. Rawlinson will serve as President and Chief Executive Officer of QRI, with Mr. George assuming the role of Senior Advisor.

Appointed

David Rawlinson II

President and Chief Executive Officer-Elect

QVCGA · QVC Group, Inc.

Effective: 2021-08-01
Filed: July 13, 2021, 7:59 PM ET

effective August 1, 2021, Mr. Rawlinson will serve as President and Chief Executive Officer-Elect of QRI

Appointed

David Rawlinson II

Director

QVCGA · QVC Group, Inc.

Effective: 2022-01-01
Filed: July 13, 2021, 7:59 PM ET

Mr. Rawlinson is expected to be appointed as a member of the Board effective as of January 1, 2022.

Role change

Michael A. George

President

QVCGA · QVC Group, Inc.

Effective: 2021-08-01
Successor: David Rawlinson II
Filed: July 13, 2021, 7:59 PM ET

Mr. George will step down as President effective August 1, 2021 and as Chief Executive Officer effective October 1, 2021.

Departed

Michael A. George

Director

QVCGA · QVC Group, Inc.

Effective: 2022-01-01
Successor: David Rawlinson II
Filed: July 13, 2021, 7:59 PM ET

Mr. George will resign from the Board effective January 1, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Rawlinson II was appointed as President and Chief Executive Officer at QVC Group, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

effective October 1, Mr. Rawlinson will serve as President and Chief Executive Officer of QRI, with Mr. George assuming the role of Senior Advisor.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael A. George changed role as Chief Executive Officer at QVC Group, Inc..

Action: stepped down
Role: Chief Executive Officer

Exact text from the filing

effective October 1, Mr. Rawlinson will serve as President and Chief Executive Officer of QRI, with Mr. George assuming the role of Senior Advisor.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Rawlinson II was appointed as President and Chief Executive Officer-Elect at QVC Group, Inc..

Action: appointed
Role: President and Chief Executive Officer-Elect

Exact text from the filing

effective August 1, 2021, Mr. Rawlinson will serve as President and Chief Executive Officer-Elect of QRI

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Rawlinson II was appointed as Director at QVC Group, Inc..

Action: appointed
Role: Director

Exact text from the filing

Mr. Rawlinson is expected to be appointed as a member of the Board effective as of January 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael A. George changed role as President at QVC Group, Inc..

Action: stepped down
Role: President

Exact text from the filing

Mr. George will step down as President effective August 1, 2021 and as Chief Executive Officer effective October 1, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael A. George departed as Director at QVC Group, Inc..

Action: resign
Role: Director

Exact text from the filing

Mr. George will resign from the Board effective January 1, 2022

View on SEC.gov

QVC Group, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-21-091457

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