Chase Carey
Chase Carey | |
---|---|
Born | |
Alma mater | Colgate University Harvard University |
Occupation | Non-Executive Chairman & former Chairman/CEO of the Formula One Group |
Board member of | Fox Corporation |
Chase Carey (born 22 November 1953) is an Irish-born American executive. He is the former
Early life
Carey was born in Ireland to American parents of Irish descent, and received his bachelor's degree from Colgate University and an MBA from Harvard, where he was a member of the Harvard Business School Rugby Club.[3] While attending Colgate he joined the Delta Upsilon fraternity and was a member of the Colgate University Rugby Football Club. Today, Carey is a Trustee Emeritus of Colgate University.
Career
Early career with Fox
Carey first came to work with
He also served as co-COO of News Corporation, along with Peter Chernin. He resigned as co-COO of News Corp on January 24, 2002.[5]
DirecTV
During the time that Carey was working for News Corp, the company purchased a 34% controlling interest in
and in 2003 he was appointed CEO.At DirecTV, Carey had plans to add 1 million new subscribers a year,[6] and had met that goal when he left the company six years later.[8] Carey's tenure at DirecTV was widely considered successful, and the company returned to profitability.[8]
In 2006, News Corporation sold its controlling interest in DirecTV to Liberty Media, in exchange for News Corp shares.[9]
Return to News Corporation
In June 2009, it was announced that Carey would be leaving DirecTV and returning to News Corp. He assumed the posts of President and COO that had been held by Chernin,[10] as well as the post of Deputy Chairman.
In August 2011
In 2019, he was on the Fox Corporation board.[13]
Formula One
On 23 January 2017, Carey was installed as CEO and Executive chairman of Formula One Group after Liberty Media completed their acquisition of the Formula One Group.[14]
On September 25, 2020, Liberty Media announced that Carey would take on the role of non-executive chairman with Stefano Domenicali stepping in as CEO as of January, 2021. Carey’s achievements included the establishment of a cost cap for the first time in Formula 1 and the signing of a more equitable Concorde Agreement with the teams from 2021 to 2025.[15]
References
- ^ Cooper, Adam (23 January 2017). "Ecclestone loses position as F1 CEO, Brawn poised for new role". Autosport.com. Retrieved 24 January 2017.
- ^ "Liberty completes F1 acquisition". Formula1.com. 23 January 2017. Retrieved 24 January 2017.
- ^ a b c Pryson, Mike (2016-09-22). "10 things we know about new F1 chairman Chase Carey". Autoweek. Retrieved 2022-09-06.
- ^ "News Corporation Announces Intent to Pursue Separation of Businesses to Enhance Strategic Alignment and Increase Operational Flexibility | News Corp". 28 June 2012.
- ^ "Carey Steps Down At News Corp". hive4media.com. January 24, 2002. Archived from the original on February 11, 2002. Retrieved September 20, 2019.
- ^ a b "Q&A with DirecTV's Chase Carey". Archived from the original on 2007-01-08. Retrieved 2006-08-11.
- ^ "DirecTV's Chase Carey Could Return to News Corp. As Vice Chairman | Industries | Reuters". Reuters. Archived from the original on 2009-06-08. Retrieved 2017-06-30.
- ^ a b "Chase Carey Departs DIRECTV to Accept New Post at News Corporation; Search for Successor Is Underway". Archived from the original on 2011-07-16. Retrieved 2009-08-16.
- ISSN 0362-4331. Retrieved 2020-01-23.
- ^ "Carey returns to News Corp". Los Angeles Times. June 4, 2009.
- ^ "Rupert Murdoch endorses Carey as next in line". Reuters. August 10, 2011 – via www.reuters.com.
- ^ O'Reilly, Lara (June 17, 2015). "Fox News boss Roger Ailes has been demoted in Murdoch shakeup -- and he's not happy about it". Business Insider Australia.
- L.A. Biz
- ISSN 0099-9660. Retrieved 2020-05-11.
- Hollywood Reporter
External links
- Profile at Bloomberg Businessweek
- Profile and collected coverage at Forbes
- Collected coverage at The Wall Street Journal
- Chase Carey at IMDb
- Campaign contributions at Newsmeat.com and at FundRace
- Forbes Profile
- Business Week Interview