Qurate Retail falls as eponymous division's CFO resigns
24/08/2022 18:06
** Shares in Qurate Retail QRTEA.O fall 4.9% to $3.38
** Qurate Retail's eponymous and key division's finance
chief Jeffrey Davis has resigned, nearly four years after he
joined from department store chain J. C. Penney urn:newsml:reuters.com:*:nPn9rJ91pa
** James Hathaway, who joined the segment in May 2021 as a
senior vice president, has been named interim-CFO
** The unit also promotes senior executive William Hunter to
the newly created chief transformation officer role
** In addition to the namesake division that includes QVC,
HSN and Zulily brands, Qurate Retail also has other minority
interests and "green energy" investments
** Shares have more than halved in value this year
(Reporting by Praveen Paramasivam)
((Praveen.Paramasivam@thomsonreuters.com;))