Sirius XM interim CEO James Meyer will get a $1.3...
Sirius XM interim CEO James Meyer will get a $1.3 million base salary to replace Mel Karmazin, who resigned effective Tuesday, the satellite radio operator said in an SEC filing. Karmazin was originally scheduled to leave Feb. 1. Meyer, previously…
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president-sales and operations, signed a four-year contract in 2009 that was scheduled to expire May 1, 2013. That contract was extended to October 2013. The date when he could retire was moved to October 2013 from May 2013, Sirius said. Meyer owns 5.97 million shares of Sirius stock. There is no indication that his appointment is permanent, and an executive search committee that includes Liberty Media CEO Greg Maffei and former DirecTV CEO Eddy Hartenstein is continuing to search for a permanent CEO, analysts said, but he is among the internal candidates to replace Karmazin.