John C. Malone

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John C. Malone (born March 7, 1941 in Milford, Connecticut) is the current chairman of Liberty Media and CEO of Discovery Holding Company. He was the interim CEO of Liberty Media until succeeded by former Oracle CFO Greg Maffei. He is one of the most powerful persons in US media.

Contents

[edit] Education

Dr. Malone was a Phi Beta Kappa and merit scholar at Yale University where he obtained a Bachelor of Science in Electrical Engineering and Economics in 1963. He also received a Master of Science in Industrial Management from Johns Hopkins in 1964 and a Doctor of Philosophy (Ph.D.) in Operations Research from Johns Hopkins in 1967.

[edit] Career

Dr. John C. Malone is Chairman of Liberty Media Corporation, a position he has held since 1990. From 1996 to March, 1999 when Tele-Communications Inc., (TCI) merged with AT&T Corp., he was also Chairman and Chief Executive Officer of TCI. Previous to that, from 1973 to 1996, Dr. Malone served as President and CEO of TCI. He currently serves on the Board of Directors for the Bank of New York, the Cato Institute, Discovery Communications, Inc., Discovery Holding Company, Expedia and The Nature Conservancy. Additionally, Dr. Malone is Chairman Emeritus of the Board for Cable Television Laboratories, Inc. and Chairman of Liberty Global, Inc.

Dr. Malone began his career in 1963 at Bell Telephone Laboratories/AT&T in economic planning and research and development. In 1968, he joined McKinsey & Company and in 1970 he became Group Vice President at General Instrument Corporation (GI). He was later named President of Jerrold Electronics, a GI subsidiary.

He served as Director of the National Cable Television Association (NCTA) from 1974 to 1977 and again from 1980 to 1993. During the 1977-1978 term, Dr. Malone was the NCTA's Treasurer.

[edit] Distinguished Achievements

In 1983, Dr. Malone received the NCTA Vanguard Award, one of the highest honors in the cable television industry. He has received many other awards and honors which include: TVC Magazine Man of the Year Award - 1981; Wall Street Transcript's Gold Award for the cable industry's best Chief Executive Officer - 1982, 1985, 1986 and 1987; Wall Street's Transcript Silver Award in 1984 and 1989; Women In Cable's Betsy Magness Fellowship Honoree; University of Pennsylvania Wharton School Sol C. Snider Entrepreneurial Center Award of Merit for Distinguished Entrepreneurship; American Jewish Committee Sherrill C. Corwin Human Relations Award; Denver University Honorary Degree for Doctorate of Human Letters - 1992; Communications Technology Magazine Service and Technology Award; Bronze Award - 1993 Financial World CEO of the Year Competition; and 1994 Hopkins Distinguished Alumnus Award.

Dr Malone received the Seán Lemass award for business leadership from Trinity, College, Dublin and the Irish Management Institute in July 2006.

[edit] Personal style

Despite his prosperity and influence, Malone is personable and quietly spoken and reportedly often stays at truck stops while travelling in his camper van. However, in business dealings, he is nicknamed "Darth Vader", a reputation gained while the head of TCI, where he demanded equity positions in cable programming services in return for carriage, and attempted to defeat the must-carry rules which protected broadcasters, which the cable industry eventually lost in 1997 at the US Supreme Court.

[edit] External links

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