Bullet Point – Sirius XM Announces Jim Meyer As Interim CEO
Sirius XM Radio today announced that James E. Meyer has been appointed Chief Executive Officer, on an interim basis, effective immediately. Mr. Meyer, SiriusXM’s President of Sales and Operations, succeeds Mel Karmazin, who, as previously announced, informed the Board of Directors that he will not be renewing his current employment agreement. Mr. Meyer will also join the SiriusXM Board of Directors.
Mel will likely be selling the last of his shares right after the first of the year