Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) has announced that Dr. John C. Malone has retired from the Liberty Latin America board of directors (the “Board”), and will transition to a Director Emeritus role going forward, the company said.
As a Director Emeritus, Dr. Malone may attend Board meetings and provide active support and advice to Liberty Latin America, but will not have a vote on matters presented to the Board.
In conjunction with Dr. Malone´s retirement from the Board, on December 12, 2019, the Board elected Daniel Sanchez who will bring a tremendous amount of experience and expertise to Liberty Latin America. Sanchez currently serves as a director of Discovery, Inc. and Lionsgate, and was previously a member of the Starz board of directors from 2013-2016. Sanchez is Dr. Malone´s nephew.
Liberty Latin America is a communications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil, BTC, UTS and Cabletica.