Wednesday, April 16, 2014
Advertisement:
What is RSS/XML?
Subscribe to FMQB News.

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
Alan Chartrand Named Market President For CCM+E-Boston
CBS Radio New York SVP Market Manager Don Bouloukos To Retire
In Brief - April 15, 2014
FMQB FYI... Links You Should Know About
April 14, 2014
CCM+E Research Report: The Power of Personality
In Brief - April 14, 2014
April 11, 2014
The Week In Review: 4/7-4/11
eQB NOW
Major Labels Sue Megaupload
In Brief - April 11, 2014
FMQB FYI... Links You Should Know About
April 10, 2014
BIA/Kelsey Predicts Continued Mobile Growth
Radio Disney & Dees Entertainment Announce Partnership
In Brief - April 10, 2014
April 9, 2014
Report: Apple Considering Retooling iTunes
In Brief - April 9, 2014
April 8, 2014
SNL Kagan Releases Report On Q1 Radio Station Sales
UMG Acquires Eagle Rock Entertainment
Azoff MSG Entertainment Acquires 50% Of Burns Entertainment
Report: "Phone Calls Are The New Click"
HD Radio Technology Ramping Up In Canada
Cumulus Unveils NASH Campus
In Brief - April 8, 2014
April 7, 2014
CBS And Nielsen Prove Power Of Local Cross-Media Measurement For Local TV, Radio
Music News
Is AC/DC Really Retiring?
Quick Hits: Nirvana, Imagine Dragons, 2 Chainz, Muse, The Rolling Stones
Coachella Boasts Star-Studded Cameos In Weekend One
Quick Hits: Ed Sheeran, Lana Del Rey, Smashing Pumpkins, Janelle MonŠe & Kimbra
The Week In Review: 4/7-4/11
Nirvana, KISS & More Enter Rock Hall Of Fame
Demi Lovato and Jason Derulo To Stream Live Performances
Quick Hits: Capital Cities, Billboard Music Awards, Drake
Linkin Park Ready To Rock With The Hunting Party
Quick Hits: Nirvana, Katy Perry, Madonna, Smashing Pumpkins, Quebec City Summer Fest
Aerosmith & Slash Will "Let Rock Rule"
Frozen Stays At #1, RIAA Releases Gold & Platinum Certifications
Quick Hits: Ed Sheeran, Billboard Music Awards, Nirvana / Joan Jett, Drake, NOW music series, The Voice tour, Coachella, Pemberton Music Festival
Jack White Plots Lazaretto Tour
Quick Hits: Eminem & Rihanna, Usher / Summerfest, Outside Lands Festival, Pitbull, Paul McCartney, Bad Company & Lynyrd Skynyrd
FMQB NOW

Nick Petropoulos
Glassnote Entertainment
Group

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!