Who Will Replace Mel At SiriusXM?
December 12, 2012

Rumors have begun to swirl as to who will replace Mel Karmazin when he steps down as head of SiriusXM Satellite Radio in 2013. Reuters reports that SiriusXM President of Operations and Sales Jim Meyer has emerged as the top internal candidate to become the new CEO. Meyer has been a part of the satcaster since 2004.

"At a company as complex as Sirius, with the satellites, media and automotive parts, gluing it all together is Jim," one source told Reuters. "He is the No. 2 and worked with him closely." Other sources told the news agency that Meyer is one of a number of potential candidates for the job and it is unknown who will be named CEO. SiriusXM CFO David Frear is also considered a top candidate. Frear currently reports directly to Karmazin and has worked at the satcaster since 2003.

Greg Maffei, CEO of SiriusXM's top shareholder Liberty Media, is heading up the search for a new CEO and is reportedly looking at candidates both internally and outside the company. During Liberty's earnings call last month, Maffei said the search for a new SiriusXM CEO could take up to six months.

Reuters notes that Liberty Media owner John Malone has a reputation for hiring big names externally to run his businesses and some sources believe that could be the case again with SiriusXM. Hugh Panero, the CEO of pre-merger XM, has also been mentioned as a potential candidate. One media executive told Reuters Liberty would like to find a "forward- thinking radio or television executive," a la Bob Pittman at Clear Channel.

You can read Reuters' analysis of the situation here.




 
Breaking News
iHeartRadio Music Festival To Stream, Broadcast Live Across Multiple Platforms Nationwide
Charese Fruge Named VP, Programming, CBS Radio Las Vegas
KDKB/Phoenix Becomes ALT AZ 93-3, Arizona's Alternative
Report: U.S. Advertising Expenditures Increased 0.7 Percent In Q2 2014
In Brief - September 17, 2014
September 16, 2014
Clear Channel Rebrands As iHeartMedia
Nielsen Releases Radar September 2014 Network Ratings
Republic Records Restructures Media Department, Adds Key Executives
NRG Media Names Erica Dreyer Director Of Integrated Media
In Brief - September 16, 2014
September 15, 2014
WLUP-FM/Chicago Takes Fresh Direction With New Weekday Line-up, Nationwide Talent Search
CCM+E San Antonio Names Don Gosselin PD For KAJA, KRPT
Justin Wittmayer Appointed VP/Market Manager For Cumulus San Francisco
BIA/Kelsey Releases New Study On SMB Social Media Usage
In Brief - September 15, 2014
September 12, 2014
Republic Records Names Rick Krim EVP, Artist Development
BIA/Kelsey Releases New Study On SMB Social Media Usage
The Week In Review: 9/8-9/12
NAB Donates To Committee To Protect Journalists In Honor of James Foley, Steven Sotloff
2014 NAB Marconi Radio Award Winners Announced
iStream Data Debuts, Appoints VP/GM
In Brief - September 12, 2014
September 11, 2014
CBS Radio, United Stations Radio Networks To Launch Scott Shannon Presents "America's Greatest Hits"
iBiquity Digital, TagStationTo Deliver Next Generation Of The Digital Dash
Pandora Strikes US Licensing Deal With BMG
NAB President, CEO Gordon Smith Opens 2014 Radio Show
Music News
Taylor Swift Talks 1989
FMQB Photo Pass: Steve Winwood & Tom Petty
Quick Hits: Katy Perry / MTV EMAs, Icona Pop, Whitney Houston, Manchester Orchestra, Mary Lambert, K. Michelle
One Direction Says "Steal My Girl"
Quick Hits: Beyoncé & Jay Z, Neil Young's Bridge School Benefit, Bon Jovi, George Harrison
Quick Hits: Gwen Stefani, Iggy Azalea, Demi Lovato, Calvin Harris, Ellie Goulding, Kendrick Lamar
U2 Already Plotting Next Album?
The Week In Review: 9/8-9/12
Quick Hits: Madonna & Alicia Keys, Kanye West, Ariana Grande, iHeartRadio Australia Music Festival, Stevie Wonder
Maroon 5 Land Second #1 Album With V
Ariana Grande To Hit The Road For "The Honeymoon Tour"
Quick Hits: Nicki Minaj, Paul McCartney, John Mellencamp, The Lumineers
U2 Gives Away New Album Via iTunes
Quick Hits: Mary J. Blige, Alicia Keys, Avicii, P!nk, Bruce Springsteen, David Bowie
One Direction Announce The Release Of New Album FOUR
FMQB NOW

Marissa Lanchak
APD/MD
WFLY/Albany

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!