Sirius Names Meyer Interim CEO as Karmazin Steps Down
Sirius XM Radio Inc. (SIRI) promoted James E. Meyer to interim chief executive officer while it seeks a permanent replacement to Mel Karmazin.
Karmazin said in October he would leave on Feb. 1 after clashing with John Malone, the billionaire who plans to take control of the satellite-radio operator. The board formed a search committee, led by Liberty Media Corp. CEO Greg Maffei, to consider internal and external candidates, Sirius said then.
Meyer, Sirius’s president of sales and operations since 2004, will also join the board, according to a statement today. Meyer was previously president of Aegis Ventures, a general management consulting company, and provided consultant support for New York-based Sirius.
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