Content

Hallmark CFO Exits, CEO Search Goes On

7/28/2006 8:00 PM Eastern

Hallmark Channel, which still hasn’t replaced its CEO, is losing yet another top official. In the latest in a series of executive exits, William Aliber, the chief financial officer for Hallmark Channel’s parent company, is leaving, according to a Securities and Exchange Commission filing last week.

Aliber resigned July 21, effective Sept. 30, according to an 8-K form filed by Crown Media Holdings Inc. with the SEC. Brian Stewart, currently senior vice president and chief financial officer of Crown Media U.S. LLC, a unit of Crown Media, was appointed interim CFO.

Meanwhile Crown Media, which abandoned its effort to sell Hallmark earlier this year, has been narrowing down the field of candidates to replace president and CEO David Evans. The candidates for the post include insiders such as Paul FitzPatrick, Crown’s chief operating officer, and Court TV non-executive chairman Henry Schleiff, according to officials familiar with the situation.

Evan left the company in June, and in April Chris Moseley, Crown’s executive vice president and chief of marketing officer, resigned.

A Crown Media spokeswoman said that Aliber, who has been CFO since May 2000, will be working with Stewart for a transition period until he leaves the company in September.

September