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🔄 Leadership Transformation at Liberty Media: Derek Chang Steps Up as New President and CEO Liberty Media has strategically appointed Derek Chang as its new President and CEO, marking a significant transition in the company's leadership landscape. Effective February 1, 2025, Chang brings an impressive track record in media, sports, and entertainment. Key Leadership Highlights: • Previous roles: Executive Chairman of EverPass Media, CEO of NBA China • Liberty Media board member since March 2021 • Will oversee Formula 1's strategic direction Chang's appointment follows Greg Maffei's departure after 18 years of leadership. John Malone, Liberty Media's Chairman, expressed confidence in Chang's ability to drive shareholder value, highlighting his 25-year professional relationship. Strategic Implications: - Continued stability in Formula 1's corporate governance - Leveraging Chang's global media and sports expertise - Maintaining leadership continuity through a carefully planned transition Exciting times ahead for Liberty Media and Formula 1 fans! What potential changes do you anticipate under Derek Chang's leadership? Full story: https://lnkd.in/djpjRuNR #LibertyMedia #F1Leadership #FormuleOne

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