Announcing the changes, Rupert Murdoch, a member of Gemstar's board
and chairman of News Corporation, Gemstar's largest shareholder
said, "Rich Battista is a talented, dedicated executive with
operational and strategic skills. I am confident that under Rich,
Gemstar-TV Guide will continue its turnaround and regain its momentum.
Rich has deep relationships across the television industry, and
a strong track record of identifying and capitalizing on the type
of growth opportunities critical to delivering greater value to
Gemstar-TV Guide's customers and shareholders."
Murdoch added, "In Anthea Disney, Gemstar-TV Guide will have
a chairman of exceptional experience and ability in the media industry.
Anthea has a history of success turning around difficult businesses,
and I feel certain that her wise counsel will be a great asset to
the executive team at the Company."
Battista said, "This is an exciting opportunity to help extend
Gemstar-TV Guide's leadership in an industry where technological
advances and changing consumer viewing habits provide real growth
prospects for our company's powerful assets. I look forward to working
with the company's excellent management team to maximise that considerable
Murdoch also thanked Shell for having steered Gemstar-TV Guide
through a very difficult period in the company's history. "Jeff
has made invaluable contributions to Gemstar-TV Guide during his
tenure, successfully navigating the company through a management
and corporate governance restructuring, and was instrumental in
resolving many of its business and legal issues," said Murdoch.
Shell joined Gemstar-TV Guide in April 2002 as COO and a member
of the board, and has served as the company's CEO since November
2002. Shell has agreed to remain with the company during a transition
period. "I appreciate having had the opportunity to be part
of Gemstar-TV Guide during this critical time. The successes we
have achieved over the past few years are truly a testament to the
hard work and dedication of the Company's many talented employees,"
"With a great management team now in place, and a solid foundation
laid for the Company's future success, I leave Gemstar-TV Guide
stronger than when I arrived, and in great shape to capitalise on
its outstanding portfolio of assets. I love to fix and build new
businesses, so I'm looking forward to taking on the next big challenge."