AMC Networks has appointed Gregg Seibert to the newly created position of vice chairman, the company said Friday.
Seibert also serves as vice chairman of Cablevision Systems Corporation, which spun off from AMC Networks as a publicly traded company in 2011. He will retain the position with Cablevision in addition to his new duties with AMC Networks.
In his role at AMC Networks, Seibert will work with AMC Networks’ senior management team to provide strategic and financial advice on corporate strategy and business initiatives, including financing and other strategic transactions that further position the company for success.
“Gregg is an expert strategist with a keen understanding of the media industry, making him a valuable resource for AMC Networks senior management,” AMC Networks president and CEO Josh Sapan said. “Gregg has more than 25 years of experience executing complex strategic and financial transactions and we look forward to benefiting from his insights on strategic matters as we continue to focus on building shareholder value.”
On Friday, Seibert was also named vice chairman of The Madison Square Garden Company, also a Cablevision spinoff.
Regarding his AMC position, Seibert said, “AMC Networks is a cutting-edge company with a rich, 30-year history of providing quality programming and film content. I’m honored to have the opportunity to collaborate with Josh and his talented management team which has shown an ability to do innovative deals such as the recently announced joint venture with BBC Worldwide for the BBC America cable channel. I’m confident that together we can further advance AMC Networks’ strategy and drive long-term growth.”