Clayton Exits, Parsons Named Board Chair At Sirius XM
August 4, 2008 at 7:28 AM (PT)
In a filing with the SEC on FRIDAY (8/1), SIRIUS XM RADIO said that as of the JULY 28th merger, some members of the board were exiting, including former CEO and board director JOE CLAYTON, WARREN LIEBERFARB and MICHAEL MCGUINNESS. Former XM Chairman GARY PARSONS takes over as Chairman of the SIRIUS XM board.
In that same filing, the company also said the board has been expanded to 12 members from 8. Seven members of the XM board have been elected to the expanded SIRIUS XM board, including GARY PARSONS, JOAN AMBLE, EDDY HARTENSTEIN, CHET HUBER, JOHN MENDEL, JACK SHAW and JEFF ZIENTS.