QVC CFO Dan O'Connell Announces Retirement After 25 Years

WEST CHESTER, Pa., Aug. 9, 2012 /PRNewswire/ -- QVC, a global leader in video and ecommerce retail, announced today that Dan O'Connell, Executive Vice President and Chief Financial Officer, will retire in the spring of 2013, following more than 25 years with the company.  

"Dan was part of the founding team that built and grew QVC's global business," said QVC President and CEO Mike George. "He played an integral role in the start-up of our businesses in Germany, Japan, and Italy, and under his leadership QVC has enjoyed a strong track record of growth and profitability, extending multichannel platforms globally, and expanding our highly engaged customer base through a world-class portfolio of distinctive brands."

O'Connell joined QVC in 1987 as Director of Accounting and over the years has held positions of increasing responsibility in the Finance organization. In 2007, he was promoted to his current position as Executive Vice President and Chief Financial Officer.

"I'm proud to have been a part of QVC's tremendous growth, from our roots as a pioneering start-up to the global powerhouse we are today," said O'Connell. "As QVC's business continues to expand globally, I'm honored to have been a part of the dedicated team who will continue to drive superior results and innovation."

ABOUT QVC
QVC, Inc., a wholly owned subsidiary of Liberty Interactive Corporation (Nasdaq: LINTA), is the world's leading video and ecommerce retailer. QVC is committed to providing its customers with thousands of the most innovative and contemporary beauty, fashion, jewelry and home products. Its programming is distributed to approximately 240 million homes worldwide through operations in the U.S., United Kingdom, Germany, Japan, Italy and a joint venture in China. West Chester, Pa.-based QVC has shipped more than a billion packages in its 25-year history and the company's website, QVC.com, is ranked among the top general merchant Internet sites. QVC, Q, and the Q Ribbon Logo are registered service marks of ER Marks, Inc.

SOURCE QVC, Inc.



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