David Flowers, has over 40 years of experience in the media industry and in corporate finance. Mr. Flowers is currently the Founder and Chairman of Clean Water Innovations LLC, a wastewater technology company.
Before his retirement in 2014, Mr. Flowers served as Senior Vice President and Managing Director of Alternative Investments at Liberty Media Corporation (“Liberty Media”). Previously at Liberty Media, he served in many roles including Principal Financial Officer and Treasurer at Liberty Capital Group and Senior Vice President, Treasurer and Principal Financial Officer at Liberty Interactive. During his tenure as an executive officer at Liberty Media, Mr. Flowers was responsible for the financing of all the Liberty entities.
Mr. Flowers played a key leadership role in Liberty Media’s takeover of Sirius XM, starting from the investment in Sirius XM’s Senior Secured Loans when the company was faced with difficult debt markets. The initial investment of $530 million in February of 2009 achieved approximately 22 times appreciation in value based on trading levels as of October 2019.
Mr. Flowers has served as a Board Member for several companies including Sirius XM Holdings Inc. (Nasdaq: SIRI), ILG Inc. (Nasdaq: ILG), Digital Globe Services Ltd., and Blinker Inc.
Prior to Liberty, Mr. Flowers worked in the Media and Telecommunications Group in the Investment Banking Division of Toronto Dominion Bank.
Mr. Flowers received a B.S.A. from Carleton University in Canada. Mr. Flowers is also a Chartered Financial Analyst.