CEO Compensation and Stock Trades at Qurate Retail Inc: Insights into Michael A. George

Introduction

Michael A. George, President, Chief Executive Officer, and Director of Qurate Retail Inc., has been a key figure in the company's leadership since 2018. His significant roles and the substantial stock holdings he has, coupled with his compensation, provide valuable insights into the dynamics of executive leadership in the retail and e-commerce sectors.

About Michael A. George

Michael A. George, currently 58 years old, has held the position of President, Chief Executive Officer, and Director of Qurate Retail Inc. since 2018. His extensive experience, particularly in commerce, retail, and technology, ensures a robust strategic direction for Qurate Retail Inc. a company that owns and operates a diverse range of digital commerce businesses, including QVC and its subsidiaries HSN, Zulily, and Cornerstone Brands.

Financial Details

According to recent financial disclosures, Michael A. George's total compensation at Qurate Retail Inc. is worth $4,697,970. This includes his salary, bonuses, and stock options exercised. Over the last nine years, he has sold approximately $16,111,356 worth of QRTEA stock, which represents a significant part of his financial interests in the company.

Stock Holdings and Trades

As of December 10, 2021, Michael A. George owned over 423,403 units of Qurate Retail Inc. stock, valued at $5,098,837. Over the past five years, he has made 22 trades in Qurate Retail Inc. stock, exercising more than 1.7 million units in one of the largest trades, valued at over $30,510,015 on November 20, 2017.

Insider Trading

Insider trading data from Qurate Retail Inc. reveals that significant trading activity occurs every 27 days, with an average trade value of $237,291. Key insiders like John C. Malone, Gregory B. Maffei, and Mark C. Vadon have been particularly active in these trades.

Company Overview

Qurate Retail Inc. is a digital commerce leader, owning and operating a broad range of businesses and assets, including QVC and its subsidiaries. This includes HSN, Zulily, and the Cornerstone Brands, known collectively as the Qurate Retail Group. Additionally, the company has made strategic investments in green energy and other sectors, reflecting its commitment to a diversified and sustainable business model.

Key Executive Roles

Qurate Retail Inc. has a diverse executive board, with Michael George leading as the President, Chief Executive Officer, and Director, bringing with him a wealth of experience from his previous roles at Dell Inc. and McKinsey Company Inc. Other notable directors and officers include:

Gregory Maffei, Chairman of the Board Renee Wilm, Chief Legal Officer Albert Rosenthaler, Chief Corporate Development Officer Brian J. Wendling, Chief Accounting Officer and Principal Financial Officer Daniel Rapley, Independent Director Richard Barton, Independent Director Mark Vadon, Independent Director David Rawlinson II, President and CEO

With a strong and experienced leadership team, Qurate Retail Inc. continues to thrive in a competitive retail landscape, leveraging both traditional and digital commerce strategies.

Conclusion

The leadership structure at Qurate Retail Inc., particularly from Michael A. George, reflects a combination of seasoned expertise and strategic oversight. Michael's substantial stock holdings and compensation, alongside the company's diverse portfolio of businesses and investments, highlight the potential for significant financial returns for both the company and its stakeholders.