Sirius XM CEO Meyer to Retire, Witz Next CEO; AMC Networks' Sullivan Named CFO
By Michael Dabaie
Sirius XM Holdings Inc. said Chief Executive James E. Meyer
would retire on Dec. 31 and Jennifer C. Witz, president of sales,
marketing and operations, will become the company's new CEO.
The audio entertainment company named Sean S. Sullivan as chief
financial officer, effective Oct. 26. Mr. Sullivan succeeds David
J. Frear, who will be pursuing other opportunities, effective
immediately, Sirius XM said.
Ms. Witz has been with Sirius XM for more than 18 years and has
been president of sales, marketing and operations since March 2019.
Prior to that, she served as chief marketing officer and has held a
variety of senior financial and operating roles.
Before joining Sirius XM, Ms. Witz was vice president of
planning and development at Viacom, and before that she was vice
president of finance and corporate development at
Mr. Sullivan has been CFO of AMC Networks Inc. since June 2011.
From September 2010 to June 2011, he was the chief corporate
officer of Rainbow Media Holdings LLC, the predecessor of AMC
Networks Inc. and then a subsidiary of Cablevision Systems
AMC Networks said Tuesday that Mr. Sullivan would remain with
AMC Networks through mid-October and the company would appoint an
interim CFO or a successor prior to his departure.
Following his retirement, Mr. Meyer will remain on Sirius XM's
board and will serve as vice chairman. Upon assuming the role of
CEO, Ms. Witz will be appointed as a member of the board.
George W. Bodenheimer has resigned from the board, Sirius XM
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(END) Dow Jones Newswires
September 15, 2020 07:45 ET (11:45 GMT)
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