Liberty Media nabs former Oracle CFO

By Margaret Kane
Staff Writer, CNET News

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Related Stories: Oracle CFO Maffei to step down
November 3, 2005; New Oracle co-president is former Microsoft exec
June 24, 2005

Greg Maffei, Oracle's former chief financial officer, will become CEO of Liberty Media, his new company said Wednesday.

Maffei, who also has been named a director at Liberty, was with Oracle for less than a year before stepping down at the company last week.

Greg Maffei

Maffei will take over the CEO spot in the second quarter of 2006, replacing John C. Malone, who will remain chairman. Maffei will also become president of the company, replacing Robert Bennett, who is retiring but will remain a director.

Liberty Media is a holding company with stakes in numerous Internet and media companies, including InterActiveCorp, Expedia, and News Corp., and television channels QVC, Encore and Starz.

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