Make us your home page
Instagram

HSN's top three execs leaving as QVC takes over

ST. PETERSBURG — The top three executives now running HSN will be out the door when QVC's parent company, Liberty Interactive Group, takes over the St. Petersburg-based retailer.

Bill Brand, Rod Little and Judy Schmeling will step down once the $2.1 billion stock deal closes later this year, QVC officials said Thursday.

"They have steered the company well through the changes of the last several months and have been a trusted sounding board to me and our other leaders as we plan for the future," Mike George, the president and CEO of QVC, said in a press release. "Each has made extraordinary contributions to HSNi, building the company into one of the premier lifestyle retailers."

PREVIOUS COVERAGE: HSN acquired by rival retail giant QVC for $2.1 billion

Among five business unit leaders who were identified, Mike Fitzharris was announced as the new president of HSN. Fitzharris is currently CEO, Representative Director and Chairman of QVC Japan.

The new QVC Group will include QVC, HSN, zulily and the Cornerstone brand. The company outlined its new organizational structure and senior executive leadership team as part of the announcement. Claire Spofford and Karen Etzkorn are the only current HSN employees who will assume key roles in the joint company.

Combined, QVC Group expects to generate $14 billion in annual revenue and serve 23 million global customers. The group will consist of five business units and eight global functions.

Contact Tierra Smith at tsmith@ tampabay.com. Follow @bytierrasmith.

HSN's top three execs leaving as QVC takes over 10/13/17 [Last modified: Friday, October 13, 2017 9:20am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Six kitchen gadgets that are completely useless

    Cooking

    If you're buying me a gift this year, don't get me an Instant Pot. I'm serious.

  2. Flipping homes for big profits is getting harder in Tampa Bay

    Real Estate

    Michael Sadeghpour was just 18 when he did his first flip.

  3. Illegal card skimmer discoveries in Tampa Bay double in 2017

    Autos

    State investigators have discovered more than double the number of credit card skimmers in the Tampa Bay area in 2017 than in 2016 — with still a few weeks left in the year. The Florida Department of Agriculture and Consumer Services found 54 skimmers in Tampa Bay, up from 26 skimmers last year.

  4. Punit Shah's Liberty Group building new Channel District hotel with Jameis Winston as limited investor

    Real Estate

    TAMPA — Punit Shah's Liberty Group announced plans Tuesday to start construction in January on a Channel District project that will include a Hampton Inn and Home2 Suites, both by Hilton, plus a Starbucks Coffee.

  5. Pasco cuts tourism aid to annual Dick's lacrosse tournament

    Tourism

    For $90,000, Pasco County is supposed to receive year-long national publicity and exposure to tourists as part of its presenting sponsorship of the annual Dick's Sporting Goods Tournament of Champions lacrosse tournament in Wesley Chapel.