On Command Names Jerome H. Kern as Chief Executive Officer; Company Adds
Five New Board Members
SAN JOSE, Calif., Apr 6, 2000 (BUSINESS WIRE) -- On Command Corporation (NASDAQ:
ONCO) announced today the appointment of Jerome H. Kern as Chairman and Chief
Executive Officer. Kern, a well-known media veteran, was the architect of the
AT&T/TCI merger, and TCI's representative in a number of other high-profile
mergers and acquisitions, including the Time Warner/Turner Broadcasting merger.
An acknowledged mega-deal maker in complicated, multi-party transactions, Kern
served as Vice Chairman and a member of the Board of Directors of
Tele-Communications, Inc. (TCI). Prior to TCI, he was a senior partner of Baker
& Botts, L.L.P., where he was the senior corporate lawyer in the New York
office. For over twenty years, Kern was the principal outside legal counsel to
TCI and Liberty Media, and is currently serving on Liberty Media's Board of
Directors.
"It is our goal for On Command to provide, together with our hotel partners, the
widest range of broadband services to the hotel guest," said Kern. "As CEO, I
bring more than 20 years of deal-making experience in the broadband,
entertainment, and financial services industries, and plan to guide On Command
into a new era of multimedia guest services."
On Command also announced the appointment of five new directors to its board:
Jerome H. Kern; Paul A. Gould, Managing Director and Executive Vice President of
Allen & Company, Inc.; Gary S. Howard, Executive Vice President, Chief Operating
Officer and director of Liberty Media; Peter M. Kern, President of Gemini
Associates; and Carl E. Vogel, Senior Vice President of Liberty Media.
On Command Corporation, is the leading provider of in room interactive
entertainment, Internet access, business information and guest services for the
lodging industry and their guests. On Command Corporation is based in San Jose,
California, with offices located across the United States and around the world
in Bangkok, Hong Kong, London, Madrid, Mexico City, Seoul, Singapore, Sydney,
and Toronto. The company annually serves more than 200 million guests in
approximately 3,355 hotel properties and 950,000 guestrooms worldwide,
representing more than 100 hotel chains in over 20 countries.
On Command is listed on the NASDAQ Stock Market under the symbol ONCO. Majority
control of On Command was recently acquired by Liberty Media Corporation (LMG.A,
LMG.B) by virtue of its acquisition of Ascent Entertainment Group, Inc. |
