XM Radio 2012 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 2012 XM Radio annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 132

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132

Name Age Position, Principal Occupation, Business Experience and Directorships
David J.A. Flowers .... 58 Mr.FlowershasbeenadirectorsinceApril2009. Mr. Flowers has served as Senior
Vice President and Managing Director, Alternative Investments, of Liberty Media
Corporation (formerly known as Liberty Spinco, Inc.) since January 2013. He
served as a Senior Vice President of Liberty Media Corporation (now known as
Starz) from May 2007 to January 2013 and as Managing Director, Alternative
Investments, from November 2011 to January 2013. He has served as a Senior
Vice President of Liberty Interactive Corporation since October 2000 and as
Managing Director, Alternative Investments, since November 2011. Mr. Flowers
served as the Treasurer of Liberty Interactive Corporation from April 1997 to
October 2011, and as a Vice President from June 1995 to October 2000.
Previously, Mr. Flowers worked in various treasury positions at Toronto Dominion
Bank and ended his career there as a Managing Director of Media Telecom. Mr.
Flowers has served as a director of Interval Leisure Group, Inc. since August 2008.
Key Attributes, Experience and Skills:
Mr. Flowers brings to the board significant financial, investment and public
company experience as a senior finance executive of large public companies. His
extensive experience leading finance and business development initiatives in the
technology, media and telecommunications areas is a significant asset to the board.
Name Age Position, Principal Occupation, Business Experience and Directorships
Eddy W. Hartenstein . . . 62 Mr. Hartenstein has been a director since July 2008, has served as our lead independent
director since April 2013 and served as the chairman of our board from November
2009 to April 2013. From May 2005 until the closing of the merger with XM in July
2008, Mr. Hartenstein served as a director of XM. Mr. Hartenstein has been Publisher
and Chief Executive Officer of the Los Angeles Times, which is owned by the Tribune
Company, since August 2008. In addition, Mr. Hartenstein served as Co-President of
the Tribune Company from October 2010 to May 2011 and as President and Chief
Executive Officer from May 2011 until January 2013. In December 2008, the Tribune
Company filed for Chapter 11 bankruptcy protection and, under his leadership,
emerged in December 2012. From December 2005 through May 2008, Mr. Hartenstein
served as Chairman, President and Chief Executive Officer of HD Partners Acquisition
Corporation, a special purpose acquisition company, formed to acquire operating
businesses in the media, entertainment or telecommunications industries, which
dissolved and distributed assets to its investors in May 2008. Mr. Hartenstein was Vice
Chairman and a member of the board of directors of The DIRECTV Group, Inc.
(formerly Hughes Electronics Corporation), a television service provider, from
December 2003 until his retirement in December 2004. He served as Chairman and
Chief Executive Officer of DIRECTV, Inc. from late 2001 through 2004 and as
President of DIRECTV, Inc. from its inception in 1990 to 2001. Previously,
Mr. Hartenstein served in various capacities for Hughes Communications, Inc., a
provider of satellite-based communications, Equatorial Communications Services
Company, a provider of telephony and data distribution services, and NASA’s Jet
Propulsion Laboratory, the lead U.S. center for robotic exploration of the solar system.
Mr. Hartenstein serves as a member of the board of directors of SanDisk Corporation
and The City of Hope. Mr. Hartenstein also serves on the board of directors and as
chairman of the compensation committee of Broadcom Corporation. Mr. Hartenstein
also served as a director at Thomson Multimedia during the last five years.
Key Attributes, Experience and Skills:
As the former Chief Executive Officer of DIRECTV, Inc., Mr. Hartenstein has
extensive experience in building, managing, marketing and operating a satellite
service. He brings direct and highly relevant expertise to the board in such areas as:
the construction and procurement of satellites, managing a large consumer subscriber
base, consumer marketing, and the design and implementation of systems necessary
to support a growing and dynamic consumer-oriented business.
7