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
UMG Revenue Hits $5.57 Billion in 2016
BMI Withdraws Interim Fee Petition to RMLC
Talia Schlanger Named World Café Host
The Kane Show & Ocean Park Standoff Share "Good News"
Tim "Minnesota Fattz" Snell Named SVP of Programming for iHeartMedia-Augusta
February 23, 2017
iHeartMedia Revenue Up in Q4, Full-Year 2016
Study: Actual Ratings Panelists - We Want Personalities And Fun!
iHeartMedia Tampa Names Pete Norden SVP/Sales
The Syndicate Promotes from Within to Strengthen Marketing, Radio & Finance Departments
2017 NAB Crystal Radio Awards Finalists Announced
February 22, 2017
Entercom Reports Fourth Quarter and Annual Results
Study: “Local” Is Not Radio's Best Defense Against Pureplays
Ashley Z Takes On Nights At Q100/Atlanta Nights
Benztown Releases Third Annual Benztown 50 List of Top Voiceover Professionals in Radio
February 21, 2017
Study: Just Over Half Of At Work Listening Goes To Radio
iHeartMedia Names Blaine Jackson PD At WLUB/Augusta
CMG Atlanta Radio Names Jaleigh Long Director of Sales
In Brief - February 21, 2017
February 20, 2017
Study: Radio Dominates In Connected Cars
February 17, 2017
Study: Women to Radio: I Love You, But….
iHeartMedia Fort Myers Adds New Nighttime On-Air Hosts Lulu & Lala On Y100.1
Entercom Los Angeles Extends KSWD's "Uncle Joe'Benson
February 16, 2017
Study: Who Do Women Love Most – Radio or Pandora?
Prince Streaming Activity Explodes
Music News
Beyoncé Drops Out of Coachella Lineup
Quick Hits: John Mayer, Lorde, Eminem, Gucci Mane, Lionel Richie & Mariah Carey
Bruno Mars to Receive 2017 iHeartRadio Innovator Award
David Bowie Honored at Brit Awards
Katy Perry Talks New Album Rollout
Quick Hits: Ed Sheeran, Future, Songwriters Hall Of Fame, Chris Brown, Young The Giant
Fifty Shades Darker Soundtrack Debuts Atop Billboard 200
James Brown's Drummer Clyde Stubblefield Dies
Quick Hits: Katy Perry, Ottawa Bluesfest Lineup
Quick Hits: The Roots Picnic, Ringo Starr & Paul McCartney, Lana Del Rey
Republic Records, ZXL Music & The Grimmie Family To Release New Christine Grimmie Music
Linkin Park Announce New Album, Release Single "Heavy"
Migos Joins With Motown & Capitol Records
Quick Hits: Beyonce, Adele, Metallica, Michael Jackson, OneRepublic
Katy Perry, Ed Sheeran, The Chainsmokers, Shawn Mendes, Noah Cyrus, Bruno Mars Set To Perform At The 2017 iHeartRadio Music Awards
FMQB NOW

Question Of
The Week

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!