Richard R. Green
Liberty GlobalAbout Richard R. Green
Richard R. Green, age 87, has served on Liberty Global’s board since December 2008, currently as an independent director nominated for re‑election as a Class III director through 2028 . He is the former President and CEO of CableLabs (over 20 years), where he oversaw DOCSIS and other foundational cable technologies; prior roles include SVP at PBS and Director of CBS’ Advanced Television Technology Laboratory, with more than 55 technical publications and appointments/fellowships across leading industry bodies .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Cable Television Laboratories (CableLabs) | President & CEO | ~1989–Dec 2009 | Led development/deployment of DOCSIS, common specs for digital voice, interactive TV; elevated broadband technology standards . |
| PBS | Senior Vice President | 1984–1988 | Advanced HDTV/digital technology leadership at PBS . |
| CBS Advanced Television Technology Laboratory | Director | 1980–1983 | Managed and produced first HDTV programs in Dec 1981 . |
| University of Denver | Professor; Director of Center for Technology Innovation | N/A | Academic leadership in technology innovation (dates not specified) . |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Liberty Broadband Corporation | Director | Since Nov 2014 | Public company board; Malone-affiliate ecosystem . |
| Shaw Communications Inc. | Director | Jul 2010–Apr 2023 | Public company board . |
| GCI Liberty Inc. | Director | Mar 2018–Dec 2020 | Public company board . |
| FCC Technical Advisory Council | Member | N/A | Federal technology advisory role . |
| The Cable Center | Honorary Board Member | N/A | Industry non‑profit governance . |
| Space Science Institute | Director | N/A | Non‑profit director . |
| Jones/NCTI, Inc. | Director | N/A | Industry training entity . |
| Society of Motion Picture and Television Engineers (SMPTE) | Fellow | N/A | Professional recognition . |
| Center for Medical Interoperability | Director | N/A | Cross‑industry interoperability governance . |
Board Governance
- Committee assignments: Chair, Nominating & Corporate Governance; Member, Compensation; Member, Succession Planning .
- Independence: Liberty Global board determined Richard R. Green is independent under Nasdaq and SEC rules .
- Attendance: In 2024, each director attended at least 75% of board and assigned committee meetings; board held 6 meetings, Compensation 12, Nominating 1, PPP 5, Succession 1; only the CEO attended the 2024 AGM in person .
- Executive sessions: Independent directors meet privately at least twice per year; presiding director is Paul A. Gould (Audit Chair) .
- Director class/term: Class III; nominated for re‑election at 2025 AGM; term would expire in 2028 if elected .
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Annual cash retainer (2024) | $150,000 | Standard for non‑employee directors (ex‑Malone/Fries) . |
| Committee chair fees (2024) | $15,000 | Nominating & Corporate Governance chair fee (audit $55k, comp $30k, PPP $15k) . |
| Total fees earned in cash (2024) | $165,000 | Retainer + chair fee . |
| All other compensation (2024) | $2,917 | Includes charitable donation in director’s name; no aircraft taxable amounts disclosed for Green . |
| Total 2024 director compensation | $404,451 | Cash fees + option awards + other compensation . |
Performance Compensation
| Equity Program Element | 2024 Grant Value/Structure | Vesting/Terms | Notes |
|---|---|---|---|
| Annual director equity award | $230,000 combined grant date fair value | Director‑elected mix: (1) options only or (2) half options/half RSUs; options 10‑yr term; options vest at successive AGMs (3 tranches); RSUs vest at next AGM . | |
| Option awards granted (2024) | $113,570 (Class A) | 10‑yr term; AGM‑based vesting . | Director appears to have elected options. |
| $116,390 (Class C) | 10‑yr term; AGM‑based vesting . | ||
| Stock awards (RSUs) (2024) | $0 | N/A | No RSUs disclosed for Green in 2024 . |
Other Directorships & Interlocks
| Company | Role | Potential Interlock/Notes |
|---|---|---|
| Liberty Broadband Corporation | Director | Shared ecosystem with Liberty entities; no related‑party transactions disclosed involving Green . |
| Shaw Communications Inc. | Former Director | Historical role; no ongoing Liberty Global transactions noted . |
| GCI Liberty Inc. | Former Director | Historical role . |
Expertise & Qualifications
- Deep broadband and video technology expertise (DOCSIS leadership; digital voice; interactive TV; early HDTV production), strengthening Liberty Global’s technology oversight and strategy .
- Extensive governance across public, private, and non‑profit boards; fellowships and advisory roles indicate peer‑recognized technical leadership .
- Author of 55+ technical papers, underscoring analytical rigor relevant to board evaluation of complex telecom/tech initiatives .
Equity Ownership
| Class | Beneficial Ownership (as of Mar 27, 2025) | Percent of Class | Notes |
|---|---|---|---|
| Class A (voting) | 118,693 shares | <1% | Includes shares plus certain equity instruments per footnotes . |
| Class B (10 votes/sh) | — | — | No holdings disclosed . |
| Class C (non‑voting) | 227,550 shares | <1% | |
| Options/SARs outstanding (Dec 31, 2024) | Class A options: 136,462 | N/A | RSUs: none . |
| Class C options: 239,949 | N/A | ||
| Options/SARs exercisable within 60 days (Mar 27, 2025) | Class A SARs/options: 110,325 | N/A | From footnote detailing exercisable instruments . |
| Class C SARs/options: 208,370 | N/A |
Governance Assessment
- Board effectiveness: Green’s chairmanship of Nominating & Corporate Governance and membership on Compensation and Succession committees positions him at the core of director selection, executive pay oversight, and succession planning; committee activity (12 Compensation meetings; targeted Succession/Nominating sessions) indicates engaged governance cadence .
- Independence and attendance: Formally determined independent; attended at least 75% of board/committee meetings; independent directors held two executive sessions in 2024, with oversight by Audit Chair Gould .
- Compensation alignment: Cash fees modest; majority of director compensation delivered via long‑dated options with AGM‑based vesting, aligning incentives with long‑term TSR; Green opted for options rather than RSUs in 2024 ($229,960 total option value), reinforcing equity‑linked exposure .
- Ownership: Personal holdings in A and C shares plus options/SARs provide skin‑in‑the‑game, though position size is <1% of class—typical for independent directors; no pledging disclosed for Green (company permits pledging under pre‑clearance; one director has pledged shares) .
- Conflicts/related parties: Proxy discloses no related‑party transactions involving Green; Liberty Global mandates independent committee approval and recusals for any director conflicts; directors with ties to Warner Bros. Discovery recused in Formula E share purchase deliberations, evidencing process integrity .
- RED FLAGS: None disclosed specific to Green (no Section 16(a) delinquencies; no hedging/pledging identified; no meeting attendance shortfall flagged) .
Overall, Richard R. Green brings deep, relevant technology governance experience with formal independence, consistent attendance, and equity‑linked compensation that supports investor alignment, while Liberty Global’s conflict policies and committee structures mitigate interlock risks across the broader Malone‑affiliated ecosystem .