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Sirius XM Radio (SIRI) Names Jim Meyer CEO to Replace Mel Karmazin

December 19, 2012 7:02 AM EST
Sirius XM Radio (NASDAQ: SIRI) said 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.

Upon Mr. Meyer's appointment, Mr. Karmazin relinquished his role as Chief Executive Officer and resigned as a member of the SiriusXM Board of Directors.


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