Maffei mentioned: “All of the Liberty acquisitions accomplished throughout my tenure at the moment are in buildings the place shareholders can have extra direct possession of their upside.
“The company construction is optimised, and the portfolio corporations are in sturdy positions with gifted govt groups in place. Whereas it is by no means simple to go away an organisation as dynamic as Liberty, I’m assured that that is the precise time.”
Malone mentioned: “Since becoming a member of in 2005, Greg has been on the forefront of the thrilling evolution within the lifecycle of Liberty.
“He has grown our asset base and made the corporate higher and extra worthwhile for shareholders, alongside the best way overseeing as many as 5 separate public corporations concurrently.
“Particularly following at this time’s transaction bulletins, our firm is easier and extra targeted than ever earlier than, which is an ideal capstone for Greg’s completed profession at Liberty.”
Maffei is the fourth senior govt to go away Liberty Media because it acquired F1.
Chase Carey, who was made chairman and chief govt when Liberty took over, stepped down on the finish of 2020 after securing a restructure of the game, handing over to Domenicali.
Former Mercedes workforce boss Ross Brawn, appointed managing director by Carey in 2017, left his position in 2022.
And the primary industrial director Sean Bratches left in 2020. His largest legacy was the institution of the profitable Netflix documentary sequence Drive to Survive, which is credited with a serious position in rising F1’s international recognition since Liberty took over.
