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 Metro-Goldwyn-Mayer Inc.

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 Corp.

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 said.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

September 15, 2020 07:45 ET (11:45 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
AMC Networks (NASDAQ:AMCX)
Historical Stock Chart
From Oct 2020 to Nov 2020 Click Here for more AMC Networks Charts.
AMC Networks (NASDAQ:AMCX)
Historical Stock Chart
From Nov 2019 to Nov 2020 Click Here for more AMC Networks Charts.