DirecTV's content exec to leave by end of the year

EL SEGUNDO, Calif. (AP) — DirecTV Inc. said Tuesday that it is hiring a former AT&T Inc. executive to replace Derek Chang, its executive vice president of content strategy and development.

Dan York, who will join the satellite TV company in July, is taking over for Chang, who is stepping down at the end of the year. The company said Chang had led the acquisition of programming, original content, regional sports networks and ad sales for more than six years.

York will be the chief content officer and executive vice president of programming. He had previously served as president of content and advertising sales for AT&T.

Shares of DirecTV, based in El Segundo, Calif., fell 15 cents to $46.25 in afternoon trading.