Bloomberg News

Discovery Names Liz Claiborne’s Andrew Warren Finance Chief

January 09, 2012

Jan. 9 (Bloomberg) -- Discovery Communications Inc., owner of cable networks TLC and Animal Planet, named Liz Claiborne Inc.’s Andrew Warren as chief financial officer.

Warren starts March 26, succeeding Bradley Singer, who said last year he plans to leave that month, the company said in an e-mailed statement today. Warren has been CFO at Liz Claiborne since July 2007.

Discovery, based in Silver Spring, Maryland, shuffled its executive ranks following the departure of Chief Operating Officer Peter Liguori at the end of last year. Discovery Channel President Clark Bunting has also said he plans to leave. Discovery has said it doesn’t plan to fill the COO role.

“With Andy on board, and with the strategic realignments we announced today, I am confident that Discovery is very well positioned to continue delivering on our strategy for sustainable long-term growth in the U.S. and around the world,” Chief Executive Officer David Zaslav, said in the statement.

The Wall Street Journal earlier reported the hire.

Discovery rose 0.7 percent to $41.56 in New York at the close. The shares fell 1.8 percent last year.

--Editors: Niamh Ring, Jeffrey Tannenbaum

To contact the reporter on this story: Edmund Lee in New York at elee310@bloomberg.net

To contact the editor responsible for this story: Ville Heiskanen at vheiskanen@bloomberg.net


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