Larry E. Romrell
On June 19, 2025, Larry E. Romrell resigned from the board of directors (the “Board”) of QVC Group, Inc. (the “Company”), effective June 20, 2025.
Highest-materiality recent filing
Nasdaq to delist QVC Group's common and preferred stock after Chapter 11 filing; no appeal planned
Nasdaq suspends trading of QVCGA and QVCGP at opening on April 24, 2026; Company will not appeal.
QVC Group files Chapter 11 with prepackaged plan to restructure ~$6.55B debt
Entered RSA with creditors; filed Chapter 11 on April 16, 2026 in Southern District of Texas.
QVC Group delays Q4 and FY 2025 earnings release, previously set for Feb 26, 2026
Company now expects to report results within non-accelerated filer timeframe under SEC rules.
QVC Group Q3 revenue down 6%, adjusted OIBDA -32%; going concern flag on $2.9B bank debt
Revenue $2,213M (-6% YoY); operating income $60M (-61%); adjusted OIBDA $169M (-32%).
Nine senior executives receive guaranteed 50% of 2025 and 100% of 2026 target variable compensation; other eligible employees get 50% for both years.
Revenue $2,236M (-7% USD, -9% CC); Adjusted OIBDA $232M (-18%).
QVC Group appoints two new independent directors; Romrell resigns
Larry Romrell resigned from board effective June 20, 2025; no dispute with company.
QVC Group regains Nasdaq minimum bid price compliance for Series A common stock after reverse split
Received Nasdaq notice on June 9, 2025 confirming compliance with minimum bid price requirement.
QVC Group suspends preferred dividend, deferring ~$25M per quarter
Board suspends $2.00/share quarterly dividend on 8.0% Series A Preferred, starting June 16, 2025.
QVC Group files 1-for-50 reverse stock split, plans delisting of Series B common stock from Nasdaq
Reverse stock split at 1-for-50 ratio effective 4:01 p.m. ET on May 22, 2025.
QVC Group announces 1-for-50 reverse stock split and voluntary delisting of QVCGB from Nasdaq
Reverse stock split of QVCGA and QVCGB at 1-for-50 effective May 22, 2025, to regain Nasdaq compliance for QVCGA.
On June 19, 2025, Larry E. Romrell resigned from the board of directors (the “Board”) of QVC Group, Inc. (the “Company”), effective June 20, 2025.
the Board increased the size of the Board from seven (7) to eight (8) directors and appointed Roger Meltzer and Carol Flaton to the Board
the Board increased the size of the Board from seven (7) to eight (8) directors and appointed Roger Meltzer and Carol Flaton to the Board
effective May 13, 2025, Renee L. Wilm has stepped down as Chief Legal Officer of the Company, and her functions have now been assumed by Eve DelSoldo, Executive Vice President and General Counsel of the Company.
Max materiality 1.00 · Median 0.65 · Most common event other_material