By Lisa Johnston
New products on display at the American International Toy Fair, held in N
New York — SiriusXM appointed company veteran Jim Meyer as CEO, replacing Mel Karmazin, who left the company last year before Liberty Media took control in the first quarter.
Meyer has been serving as interim CEO since December following Karmazin’s departure. Previously, Meyer had been president of SiriusXM sales and operations since May 2004.
For his part, Meyer said during an investor’s conference call that SiriusXM and Liberty “very much see eye to eye on strategy.”
Before joining SiriusXM, Meyer was president of Aegis Ventures, a general management consulting company, and he was a consultant to SiriusXM.
Before Aegis, he held a number of senior management positions in the consumer electronic industry, including senior executive VP of digital media solutions for Thomson and was involved in the sales and marketing of the RCA brand at Thomson.
Karamzin, who left before Liberty became a majority owner in the first quarter, engineered the merger of the separate Sirius and XM satellite-radio services and then engineered a financial lifeline with Liberty in February 2009 to stave off bankruptcy during the nation’s financial crisis.
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