Derek Chang is President and Chief Executive Officer of Liberty Media, which owns and operates businesses in media, sports and entertainment, including Formula 1 and MotoGP. Since becoming CEO, Mr. Chang has executed on Liberty’s portfolio optimization, overseeing the split-off of Liberty Live Holdings, the acquisition of MotoGP and the growth of Formula 1. Mr. Chang assumed his current role in January 2025 and has served on the board of Liberty Media Corporation since 2021, giving him a deep understanding of Liberty’s business and corporate history. He has also served on the boards of Liberty Broadband Corporation and Liberty Live Holdings since 2025. Mr. Chang is a longtime media, sports and entertainment executive, with a proven record of forward-looking leadership across new media and corporate development, championing opportunities to grow brands and cultivate global audiences. Before joining Liberty Media, Mr. Chang was Executive Chairman of EverPass Media from 2023 to 2025, a venture he cofounded with the NFL and RedBird Capital Partners to distribute premium sports content to commercial venues, where he remains a board member. Mr. Chang also served as CEO of NBA China from 2018 to 2020, where he spearheaded the NBA’s effort to expand its presence as the preeminent foreign sports league in the region while leading a staff of 200 based in the NBA's Beijing, Shanghai, Taipei and Hong Kong offices. Earlier in his career, he held senior leadership roles across the entertainment and media industry, including as the Head of International Lifestyle Channels at Scripps Networks and various executive roles at DIRECTV, Charter Communications, the YES Network and TCI Communications.