Discovery Names Craig Felenstein As Senior Vice President of Investor Relations
May 20, 2008
(Silver Spring, Md.) Discovery Communications today announced that Craig Felenstein has been appointed to the position of Senior Vice President of Investor Relations. Felenstein joins Discovery from News Corporation and will be based in New York City.
As a senior member of the Finance department, reporting into the office of the Chief Financial Officer, Felenstein will oversee Discovery’s global investor relations program, serving as the company’s primary liaison with the financial community, and advising and consulting with executive management on investor relations strategies.
"Craig is well known and highly respected in the financial community. With his extensive knowledge and industry experience, as well as his strong relationships, I am confident that Craig will be a valuable addition to the winning team we have put together here at Discovery," said David Zaslav, president and CEO of Discovery Communications.
"Discovery is a recognized leader in the media industry with a solid portfolio of brands and a proven record of producing creative, quality non-fiction content that lends itself to multiple distribution platforms across geographic boundaries," said Felenstein. "It’s an honor to join Discovery, and I look forward to working with David Zaslav and the management team to ensure that we maintain a clear, consistent and open communications channel with the investment community."
Felenstein comes to Discovery with more than 14 years of experience in investor relations, finance, and accounting. This includes eight years with News Corporation, where he most recently served as Vice President of Investor Relations, developing and delivering strategic messaging to the investment community. Prior to News Corporation, Felenstein managed financial planning and business analysis for Viacom, Inc. His previous experience also includes work as a senior accountant with Arthur Anderson, LLP.
Felenstein holds a Bachelor of Science degree in Accounting from the State University of New York at Binghamton.
About Discovery Communications
Discovery Communications is the world’s number-one nonfiction media company reaching more than 1.5 billion cumulative subscribers in over 170 countries. Discovery empowers people to explore their world and satisfy their curiosity through 100-plus worldwide networks, led by Discovery Channel, TLC, Animal Planet, Science Channel, Investigation Discovery and HD Theater, as well as leading consumer and educational products and services, and a diversified portfolio of digital media services including HowStuffWorks. Discovery Communications is owned by Discovery Holding Company (NASDAQ: DISCA, DISCB), Advance/Newhouse Communications and John S. Hendricks, Discovery's founder and chairman. For more information, please visit www.discoverycommunications.com.