Mel Karmazin Gets Bump, Bonus; Liberty Adds 2 To Sirius Board
April 13, 2011 at 6:13 AM (PT)
SIRIUS XM CEO MEL KARMAZIN "received total compensation for 2010 worth about $9.9 million, down roughly three-quarters from his 2009 compensation, which included $35.2 million in stock option awards," reports DOW JONES. "KARMAZIN's compensation for 2010, disclosed in a filing with the Securities and Exchange Commission on TUESDAY, included a higher salary and bonus than the year before. His salary rose to $1.5 million from $1.25 million, while his bonus increased to $8.4 million from $7 million."
Liberty Media Adds Two To Sirius XM Board
Additionally, SIRIUS noted in the filing that LIBERTY MEDIA CORP. exercised their option to appoint two new members to the board. MARSH & MCLENNAN COS. CFO VANESSA WITTMAN and former DISH NETWORK President CARL VOGEL were added, joining LIBERTY Chairman JOHN MALONE on the board.