Joining Liberty board of directors gives Andrea Wong some options

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As part of her agreement to join Liberty Media’s board of directors, former Lifetime President Andrea Wong has been granted shares in three of Liberty’s tracking stocks.

According to a Securities and Exchange filing, Liberty’s board has granted Wong 3,235 shares of Liberty Interactive, 530 shares of Liberty Capital and 295 shares of Liberty Starz.

Wong, 43, finished up her stint at Lifetime earlier this week and has already landed offices back at Walt Disney Co. She used to oversee alternative programming at ABC before moving to Lifetime and started at ABC working directly for Disney Chief Executive Bob Iger. An M.I.T. and Stanford graduate, Wong has also worked closely with Anne Sweeney, who oversees much of Disney’s television operations. There is speculation that she could end up back at Disney.

As for joining the Liberty board, Company Town had heard that Wong had been a candidate for the top job at Starz, the pay cable channel that ultimately hired former HBO heavyweight Chris Albrecht as its chief. Wong did not respond for comment at that time but if in fact she was a candidate she must have impressed the Liberty folks enough for them to offer her the board seat.

-- Joe Flint