SiriusXM Names Greg Maffei As Chairman
April 11, 2013 at 4:17 AM (PT)
SIRIUSXM RADIO, now controlled by LIBERTY MEDIA, has put in place a new Chairman and Directors. According to a filing with the SEC, LIBERTY MEDIA CEO GREG MAFFEI was named Chairman, succeeding EDDY HARTENSTEIN. SIRIUS also tapped DISCOVERY COMMUNICATIONS CEO DAVID ZASLAV and EVAN D. MALONE to its board.
BLOOMBERG reports, "LIBERTY MEDIA gained control of SIRIUSXM, the satellite-radio broadcaster, in JANUARY after increasing its stake to more than 50% over the past year. Three SIRIUS Directors resigned that month and were replaced by four people, including interim CEO JAMES MEYER. MEL KARMAZIN left as SIRIUS CEO in 2012."