ShopHQ, apparently as part of its effort to fend off a hostile shareholder group, has named two new directors to its board, including Time Warner Cable veteran Landel Hobbs, the company said Thursday.
In addition to Hobbs, the No. 3 home shopping network also appointed Lowell Robinson to its board, which now has eight directors, seven of whom are independent.
In a blast from the past when we covered the cable TV industry, here is Hobbs’s bio. He has 18 years of experience in the media and telecommunications sectors, including financial, strategic and operational leadership roles.
Hobbs is currently chief executive officer of LCH Enterprises LLC, a consulting firm that operates in the broader telecommunications and media space.
Before that, Hobbs was chief operating officer of Time Warner Cable, where he led a major operational reorganization. While at Time Warner, Hobbs relaunched the company’s commercial line of business in 2009, and was responsible for Time Warner Cable’s rebranding efforts and its creation of proprietary customer segmentation, pricing architecture and yield management.
Hobbs will serve on ShopHQ’s Audit Committee and the Nominating and Corporate Governance Committee.
Robinson has held senior global financial leadership positions at Citigroup Inc. and Kraft Foods, and has been Chief Financial Officer of several public companies including ADVO, HotJobs.com and MIVA, and has provided transformational management at both board and operational levels.
He has also served on a variety of public company boards, including The Jones Group, International Wire Group, Inc., and Edison Schools Inc. In his capacity as a public company director, he has served as chair of compensation and audit committees. Robinson is also a member of the Smithsonian Libraries Advisory Board and the Board of the Metropolitan Opera Guild.
Robinson will serve on ShopHQ’s Finance Committee and the Human Resources and Compensation Committee.
“We are very pleased to welcome two extremely accomplished and independent directors to ValueVision’s Board (i.e. ShopHQ),” Chairman Randy Ronning said in a canned statement.
“Both Landel and Lowell are dynamic, change-oriented individuals with excellent track records of performance in fields that are highly relevant to our business. Landel’s deep operating and management experience in cable and Lowell’s broad based marketing and strategic background, as well as his vast public company Board experience, will complement our existing Board’s skills and further support our successful execution of ValueVision’s strategy.”
Hobbs and Robinson are expected to stand for re-election at ShopHQ’s annual meeting.