Formula One owner Liberty Media appointed longtime sports executive Derek Chang as its next CEO on Wednesday. Chang will officially take over on Feb. 1 and will lead Liberty's three-man executive board that will work with F1 CEO Stefano Domenicali.

Liberty Media named Derek Chang as its new CEO. Chang will start as CEO on Feb. 1, with John Malone serving as interim CEO in the meantime.

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Liberty Media has named Derek Chang, a seasoned media and sports executive, as its new CEO starting February 2025, succeeding Greg Maffei.

John Malone’s Liberty Media Corp. has named Derek Chang president and chief executive officer, replacing longtime, outgoing CEO Greg Maffei.

Derek Chang has led development and investment teams for EverPass Media, the NBA, Scripps, Charter Communications and TCI in past years.

Formula 1 owner Liberty Media has appointed a new president and chief executive officer following Greg Maffei's departure last year. Derek Chang, an executive specialising in media sports and entertainment, will take on the role from 1 February.

Derek Chang has been appointed president and chief executive officer of the Liberty Media Organization.

John Malone’s Liberty Media has named a board member and seasoned sports executive as its new CEO and president, driving ahead with a strategy of streamlining the business while capitalizing on selective growth opportunities.