Report: Jim Meyer Leading Candidate To Replace Mel Karmazin As Sirius XM CEO
December 12, 2012 at 3:56 AM (PT)
Who will replace MEL KARMAZIN as CEO at SIRIUS XM RADIO? REUTERS reports JIM MEYER, currently SIRIUS XM's Pres./Operations and Sales, has emerged as a leading internal contender to replace KARMAZIN.
"At a company as complex as SIRIUS, with the satellites, media and automotive parts, gluing it all together is JIM," a source who used to work at the company told REUTERS. "He is the #2 and worked with him closely."
The report notes, "a committee led by GREG MAFFEI, CEO of SIRIUS XM's majority shareholder, LIBERTY MEDIA, is conducting a search to find KARMAZIN's successor and is examining both external and internal candidates. MAFFEI said on LIBERTY's NOVEMBER 6th earnings call that the CEO search could take up to six months."