Meyer, the interim CEO since December after Mel Karmazin left (post-Liberty Media takeover), has been appointed CEO, effective immediately. Meyer served as SiriusXM’s President of Sales and Operations from May 2004 until his appointment as interim CEO in December. Prior to SiriusXM, Meyer was President of Aegis Ventures, a general management consulting company, and provided consultant support for SiriusXM. Before Aegis, he held a number of senior management positions in consumer electronics, including the Senior Executive Vice President of Digital Media Solutions for consumer electronics titan Thomson.
“After a thorough search of excellent candidates, we are delighted to name Jim as the CEO of SiriusXM, where he will continue to lead a very strong executive team. Jim is a highly qualified leader and operator, and we look forward to working with him to build on SiriusXM’s position as the innovator in audio entertainment,” said Gregory Maffei, Chairman of SiriusXM. “He has been a vital part of SiriusXM for close to a decade, and his extensive knowledge of SiriusXM’s business and significant industry experience will be invaluable assets in the highly competitive market within which SiriusXM is thriving. Jim’s leadership, strategic vision and operating focus are exactly what SiriusXM needs today and in the future.”
“I look forward to leading SiriusXM,” said Meyer. “SiriusXM is a great service with world-class programming that comes from teams of focused and motivated employees. I am honored to be working with our talented management team as we continue to deliver the best content and services to our subscribers nationwide and enhance value for our stockholders.”