Board of Directors

MICHAEL BURNS, Vice Chairman, Lionsgate

Since becoming Vice Chairman of Lionsgate in March 2000, Mr. Burns has played an integral role in building the Company into a more than $5 billion global content leader with a reputation for innovation. He recently helped spearhead Lionsgate’s $4.4 billion acquisition of Starz, the biggest deal in the Company’s history, as the studio continues to grow into a diversified global content platform.

Lionsgate’s portfolio of businesses features a film slate that has averaged nearly $2 billion at the global box office each of the past five years, driven by the critically-acclaimed La La Land, which won six Academy Awards while becoming a global box office phenomenon, and the blockbuster Hunger Games, Twilight Saga, Now You See Me and John Wick franchises. One of the largest independent television businesses in the world, Lionsgate’s television slate encompasses nearly 90 series on 40 different networks, including the ground-breaking Orange is the New Black, the fan favorite Nashville, the acclaimed drama The Royals, the award-winning dramedy Casual and the breakout success Greenleaf.

In addition to his leadership of Lionsgate’s corporate management team, Mr. Burns has played a key role in the acquisition, production, and distribution of some of Lionsgate’s most successful films, including the Academy Award®-winning Best Picture Crash, the Academy Award®-winning Monster’s Ball and the Oscar-nominated Precious.

Mr. Burns served for nine years as managing director and head of Prudential Securities’ Los Angeles investment banking office and nine years at Shearson/American Express (now Morgan Stanley) in New York and Los Angeles.

He has been featured in major media outlets from CNBC to The New York Times and The Wall Street Journal, and he is a contributing writer for the Huffington Post and Newsmax. Mr. Burns graduated with a B.S. from Arizona State University and received his M.B.A. from the John E. Anderson Graduate School of Management at UCLA where he serves on the distinguished Board of Visitors. He joined the Hasbro Board of Directors in December 2014.

MIGNON CLYBURN, President of MLC Strategies, LLC

Ms. Clyburn is President of MLC Strategies, LLC, a Washington, D.C.-based consulting firm, a position she has held since January 2019. Previously, Ms. Clyburn served as a Commissioner of the U.S. Federal Communications Commission (the “FCC”) from 2009 to 2018, including as acting chair. While at the FCC, she was committed to closing the digital divide and championed the modernization of the agency’s Lifeline Program, which assists low-income consumers with voice and broadband service. In addition, Ms. Clyburn promoted diversity in media ownership, initiated Inmate Calling Services reforms, supported inclusion in STEM opportunities and fought for an Open Internet. Prior to her federal appointment, Ms. Clyburn served 11 years on the Public Service Commission of South Carolina and worked for nearly 15 years as publisher of the Coastal Times, a Charleston weekly newspaper focused on the African American community.

Ms. Clyburn is a director and member of the Compensation Committee and Nominating and Corporate Governance Committee of Charah Solutions, Inc. (NYSE: CHRA) since March 2019.

Ms. Clyburn is a director and member of the Nominating and Corporate Governance Committee.

GORDON CRAWFORD, Formerly, Capital Research and Management

Since June 1971, Mr. Crawford served in various positions at Capital Research and Management, a privately held investment management company. In December 2012, Mr. Crawford retired as its Senior Vice President. Currently, Mr. Crawford serves as Chairman of the Board of Trustees of the U.S. Olympic and Paralympic Foundation, and is a Life Trustee on the Board of Trustees of Southern California Public Radio. Mr. Crawford formerly served as Vice Chairman at The Nature Conservancy, Vice Chairman of the Paley Center for Media and was a member of the Board of the LA24 Olympic Bid Committee.

Mr. Crawford is Co-Chair of the Strategic Advisory Committee.

JON FELTHEIMER, Chief Executive Officer, Lionsgate

During his 30-year entertainment industry career, Jon Feltheimer has held leadership positions at Lionsgate, Sony Pictures Entertainment and New World Entertainment and has been responsible for tens of thousands of hours of television programming and hundreds of films, including the global blockbuster Hunger Games franchise and multiple Academy Award winners La La Land, Crash, Monster’s Ball and Precious.

Mr. Feltheimer was named Chief Executive Officer of Lionsgate in March 2000 and, during his tenure, the Company has evolved into a next generation global content leader noted for its innovation. Lionsgate’s market capitalization has grown from $80 million in 2000 to more than $5 billion today, and its revenue has increased more than 20 times over. In December 2016, Lionsgate acquired Starz, the largest acquisition in its history, creating a vertically integrated content platform with enhanced distribution capabilities.

Lionsgate’s success has been driven by a 16,000-title library, a feature film slate that has generated an average of nearly $2 billion at the global box office each of the past five years and one of the largest independent television businesses in the world, encompassing nearly 90 shows on 40 different networks. Lionsgate’s television roster includes the ground-breaking hit series Orange is the New Black, the fan favorite Nashville, multiple Emmy Award winner Mad Men, the hit drama The Royals, the Golden Globe-nominated dramedy Casual, the breakout success Greenleaf and the critically-acclaimed Dear White People.

Before joining Lionsgate, Mr. Feltheimer spent nine years at Sony Pictures Entertainment as head of the Columbia TriStar Television Group, shepherding the launch of hit TV shows such as Mad About You, Party of Five and The King of Queens as well as leading the television group's evolution into an international powerhouse that launched nearly 30 branded channels around the world.

Mr. Feltheimer received MIPCOM’s prestigious “Personality of The Year” Award in October 2010, was inducted into Broadcasting & Cable’s Hall of Fame in October 2012, received NATPE’s coveted 2014 Brandon Tartikoff Legacy Award and the Producer’s Guild of America Milestone Award in January 2015. He has been named one of “America’s Most Inspiring CEO’s” by Esquire Magazine, and was the recipient of the Simon Wiesenthal Center’s 2016 Humanitarian of the Year Award. He was named to the Board of Directors of Grupo Televisa in 2016 and Washington University’s Board of Trustees earlier this year.

EMILY FINE, Principal, MHR Fund Management

Ms. Fine is a principal of MHR Fund Management, a New York based private equity firm that manages approximately $5 billion of capital and has holdings in public and private companies in a variety of industries. Ms. Fine joined MHR Fund Management in 2002 and is a member of the firm’s investment committee. Prior to joining MHR Fund Management, Ms. Fine served as Senior Vice President at Cerberus Capital Management, L.P. and also worked at Merrill Lynch in the Telecom, Media & Technology Investment Banking Group, where she focused primarily on media M&A transactions. Ms. Fine also serves on the Board of Directors of Rumie Initiative, a non-profit organization dedicated to delivering free digital educational content to the world’s underprivileged children. Ms. Fine holds a Bachelor of Business Administration from the University of Michigan.

Ms. Fine is a member of the Audit & Risk Committee and the Nominating and Corporate Governance Committee.

MICHAEL T. FRIES, Chief Executive Officer, President and Vice Chairman of the Board of Directors of Liberty Global

Mr. Fries has served as the Chief Executive Officer, President and Vice Chairman of the Board of Directors of Liberty Global since June 2005. Mr. Fries was Chief Executive Officer of UnitedGlobalCom LLC from January 2004 until the businesses of UGC and Liberty Media International, Inc. were combined to form Liberty Global.

Mr. Fries has well over 30 years of experience in the cable and media industry. For over 13 years, he has held the positions of Chief Executive Officer, President and Vice Chairman of Liberty Global. He was a founding member of the management team that launched Liberty Global’s international expansion over 28 years ago, and he has served in various strategic and operating capacities since that time. As an executive officer of Liberty Global and its predecessor, Mr. Fries has overseen its growth into one of the world’s largest and most innovative cable companies with broadband, entertainment, voice and mobile services in 11 countries. With 52 million broadband, video, voice and mobile subscribers, close to 27,000 employees and $16.6 billion of annualized revenue, Liberty Global is recognized as a global leader in entertainment, media and broadband.

Mr. Fries is Executive Chairman of Liberty Latin America Ltd. (since December 2017) (NASDAQ: LILA) and a director of Grupo Televisa S.A.B. (NYSE: TV; BMV: TLEVISA CPO) (since April 2015). Mr. Fries is a director of CableLabs®, The Cable Center, the non-profit educational arm of the U.S. cable industry, and The Paley Center for Media, as well as various other non-profit organizations. Mr. Fries serves as a Digital Communications Governor and Steering Committee member of the World Economic Forum. Mr. Fries received his Bachelor’s Degree from Wesleyan University (where he is a member of the Board of Trustees) and his Masters of Business Administration from Columbia University (where he is a member of the Board of Overseers for the business school).

Mr. Fries is a member of the Compensation Committee and the Strategic Advisory Committee.

SUSAN MCCAW, President, SRM Capital Investments

Ms. McCaw is currently the President of SRM Capital Investments, a private investment firm, and most recently the President of COM Investments. She is a former U.S. Ambassador to the Republic of Austria (November 2005 to December 2007). Prior to 2004, Ms. McCaw was the Managing Partner of Eagle Creek Capital, a private investment firm investing in private technology companies, a Principal with Robertson, Stephens & Company, a San Francisco-based technology investment bank, and an Associate in the Robertson Stephens Venture Capital Group. Earlier in her career, Ms. McCaw was a management consultant with McKinsey & Company.

Ms. McCaw is a Trustee Emerita of Stanford University and is the Board Chair and a founding board member of the Malala Fund. Ms. McCaw is a board member of Air Lease Corporation (NYSE: AL), Teach for America, the Stanford Institute for Economic Policy Research, and the Ronald Reagan Presidential Foundation. She is also an Overseer at the Hoover Institution where she is vice chair of the executive committee. Ms. McCaw also serves on the Khan Academy Global Advisory Board, the Knight-Hennessy Scholars Global Advisory Board, and Harvard Business School’s Board of Dean’s Advisors. In addition, Ms. McCaw is a member of the Council on Foreign Relations and the Council of American Ambassadors.

Ms. McCaw is a member of the Audit & Risk Committee and the Compensation Committee.

Yvette Ostolaza, Partner, Sidley Austin

Since October 2013, Ms. Ostolaza has been a partner at Sidley Austin LLP, an international law firm, where she serves as a member of the firm’s Management and Executive Committees, the Global Co-Chair of its Litigation Group, and as the Managing Partner of the Dallas office. Ms. Ostolaza has spent her career developing a global practice representing public and private companies, board committees, and directors and officers in high-profile litigation, investigations, shareholder activism and regulatory, governance, and crisis management matters across a wide variety of industries. The daughter of Cuban immigrants, Ms. Ostolaza is a native Spanish speaker.

Ms. Ostolaza has received numerous awards, including being recognized as a “Thought Leader” at Corporate Counsel’s 2019 Women, Influence & Power in Law Awards. Ms. Ostolaza has been selected as one of 20 “Women of Excellence” nationally by Hispanic Business magazine. In 2018, Ms. Ostolaza received the Anti-Defamation League’s prestigious Schoenbrun Jurisprudence Award for her outstanding leadership and exemplary contributions to the community. Ms. Ostolaza also received the Texas Lawyer’s Lifetime Achievement Award in 2015, and was also named by that publication as one of ten “Winning Women” and as a “Woman to Watch.” Ms. Ostolaza has been recognized by the Texas Diversity Counsel as one of its “Most Powerful and Influential Women,” by Latino Leaders Magazine as one of its “Most Powerful Latino Lawyers.” She is also a past recipient of Girls, Inc.’s annual “Woman of Achievement” award, an award that recognizes leadership and accomplishments that inspire and increase opportunities for girls and women.

Ms. Ostolaza is the Chair of the Nominating and Corporate Governance Committee.

MARK H. RACHESKY, M.D., Founder and President, MHR Fund Management

Dr. Rachesky is the founder and President of MHR Fund Management. Dr. Rachesky holds an M.B.A. from the Stanford University School of Business, an M.D. from the Stanford University School of Medicine, and a B.A. from the University of Pennsylvania.

Dr. Rachesky is the Non-Executive Chairman of the Board of Directors, member of the Executive Committee and Chairman of the Compensation Committee of Loral Space & Communications Inc. (LORL: NASDAQ); a director and member of the Governance and Nominating Committee and the Compensation Committee of Emisphere Technologies, Inc. (EMIS: OTCBB); a director and member of the Nominating Committee, the Corporate Governance Committee and the Compensation Committee of Titan International, Inc. (TWI: NYSE); and a director and member of the Nominating and Governance Committee and Co-Chairman of the Finance Committee of Navistar International Corporation (NAV:
NYSE).

Dr. Rachesky serves on the Board of Directors of Mt. Sinai Hospital Children’s Center Foundation, the Board of Advisors of Columbia University Medical Center, as well as the Board of Overseers of the University of Pennsylvania.

Dr. Rachesky is the Chairman of the Board, the Co-Chair of the Strategic Advisory Committee and a member of the Compensation Committee.

DANIEL SANCHEZ, Attorney

Since 1990, Mr. Sanchez has engaged in the private practice of law, representing individual and business clients in a variety of non-litigation areas. In 2012, Mr. Sanchez earned his master’s degree in tax law (LL.M.), and currently focuses his practice on the area of tax planning. He was a full member of the Board of Ethics of the City of Stamford, Connecticut, which he was appointed to by the mayor in 2012.

Mr. Sanchez has been a common stock director of Discovery, Inc. (NASDAQ: DISCA) since May 2017. Mr. Sanchez served as a director of Starz from January 2013 until December 2016, when it merged with the Company.

Mr. Sanchez is a member of the Audit & Risk Committee.

DARYL SIMM, Chairman and Chief Executive Officer, Omnicom Media Group

Since February 1998, Mr. Simm has been Chairman and Chief Executive Officer of Omnicom Media Group, a division of Omnicom Group, Inc. (OMC:NYSE), of which he is an officer.

Mr. Simm is the Chair of the Compensation Committee.

HARDWICK SIMMONS, Formerly Chairman and Chief Executive Officer at The NASDAQ Stock Market

Mr. Simmons serves as a director of Invivoscribe, Inc. and Stonetex Oil Company, privately held companies. From February 2001 to June 2003, Mr. Simmons served first as Chief Executive Officer and then as Chairman and Chief Executive Officer at The NASDAQ Stock Market Inc. From May 1991 to December 2000, Mr. Simmons served as President and Chief Executive Officer of Prudential Securities Incorporated.

Mr. Simmons is the Chair of the Audit & Risk Committee and a member of the Strategic Advisory Committee.

DAVID M. ZASLAV, President and Chief Executive Officer, Discovery

Mr. Zaslav serves as President and Chief Executive Officer (since January 2007), and a common stock director of Discovery. Mr. Zaslav served as President, Cable & Domestic Television and New Media Distribution of NBC Universal, Inc., a media and entertainment company, from May 2006 to December 2006. Mr. Zaslav served as Executive Vice President of NBC, and President of NBC Cable, a division of NBC, from October 1999 to May 2006.

Mr. Zaslav serves on the Board of Directors of The Cable Center, the Center for Communication, Discovery (NASDAQ: DISCA), Grupo Televisa, S.A.B. (NYSE: TV; BMW: TLEVISA CPO), the National Cable & Telecommunications Association, Partnership for New York City, SiriusXM Holdings Inc. (NASDAQ: SIRI), USC Shoah Foundation. Mr. Zaslav also serves on SiriusXM Radio Inc.’s Nominating and Corporate Governance committee of the Board of Directors. Mr. Zaslav is also a member of the Board of Trustees for the Paley Center for Media, and the Mt. Sinai Medical Center.

Mr. Zaslav is a member of the Nominating and Corporate Governance Committee.