Investing.com
Published Apr 10, 2024 14:22
Wafford remains Chief Financial Officer with additional oversight of Business Transformation and People & Organizational Strategy to support growth strategies.
"In the third and fourth quarters of 2023, we reached an inflection point in our turnaround “ demonstrated by consecutive growth in adjusted OIBDA and free cash flow. As we continue to build on this progress in 2024, it is time to reorganize parts of the business to align," said
The Transformation Office will continue to be led by Chief Transformation Officer,
"Under Linda's leadership, we made meaningful progress in aligning People strategies to support our turnaround and further elevate our team member experience," continued Rawlinson. "This included new leadership development programs and greater structure around how we understand and approach organizational health. We thank Linda for her contributions and wish her well."
Wafford's appointment is effective immediately. Wafford joined the organization in March of 2023 as Chief Financial Officer. Prior to joining Qurate Retail, he held CFO positions with Everlane, Vitamin Shoppe, and JC Penney (OTC:CPPRQ).
About Qurate Retail Group
Qurate Retail GroupSM comprises six leading retail brands “ QVC ®, HSN ®, Ballard Designs ®, Frontgate ®, Garnet Hill ® and
Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP) is a Fortune 500 company that includes the Qurate Retail Group portfolio of brands as well as other minority interests.
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.