Liberty Global is putting $4 million, including $1 million
from CEO Mike Fries, into an employee fund to combat the effects of COVID-19.
Liberty Global announced its new Liberty Global Response Fund, which is
intended to help employees and their families who have been impacted by
coronavirus pandemic, on Thursday. In addition to Fries, the program will also
be funded by Liberty Global's executive leadership team and board of directors
who will donate $2 million out of the rest of their 2020 salaries and director
"At Liberty Global, we are a family first," Fries
said in a statement. "On a day-to-day basis we are doing everything we can
to protect the safety and well-being of our employees, but sometimes that is
not enough. Those with elderly parents, partners out of work, or other
challenges need additional help to get through this crisis.
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