Sirius XM Holdings Gets A New CFO – C-Suite Transitions

Long before Sirius Satellite Radio merged with its rival XM Satellite Radio in 2008, I used to have a position in the company and followed it closely as it tried to carve a space for itself in the new and exciting area of satellite radio and paid ungodly amounts to radio stars like Howard Stern. I watched from the sidelines as the company went on to acquire Pandora a decade later in 2018.

In this day and age of digital streaming and podcasts, my first inclination on revisiting Sirius after news that it now has a new CFO was that I would find a “melting ice cube” of a company but was pleasantly surprised. On April 4, 2023, Sirius XM Holdings (SIRI) announced that Thomas D. Barry, who is currently Senior Vice President and Controller, has been promoted to take over as the company’s Chief Financial Officer effective April 28, 2023.

Welcome to edition 35 of C-Suite Transitions, a weekly series on InsideArbitrage that tracks appointments and departures at publicly traded companies during the prior week. We highlight five appointments and departures each week by picking the largest companies from the full list of management changes.

Sudden Departures

1. EverCommerce (EVCM): On April 3, 2023, Lee Dabberdt informed EverCommerce of her resignation as Chief Accounting Officer, effective April 28, 2023.
2. Nu Skin Enterprises (NUS): On March 24, 2023, Mark H. Lawrence notified Nu Skin Enterprises of his resignation from his position as Executive Vice President and Chief Financial Officer effective March 31, 2023. Mr. Lawrence will remain with the company as a senior advisor through April 2023.
3. Howard Hughes Corporation (HHC): On March 31, 2023, the company notified Peter F. Riley, Senior Executive Vice President, Secretary, and General Counsel of the Company, that his service in that position was terminated effective March 31, 2023, and that his employment is being terminated without cause.

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