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flag Greg Maffei, Liberty Media's CEO for 20 years, is stepping down by year-end as the company restructures.

flag Greg Maffei will step down as CEO of Liberty Media by the end of 2024 after 20 years in the role. flag The move coincides with the company's plan to simplify its corporate structure by spinning off some of its live assets. flag Liberty Media is known for owning Formula 1 racing.

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