NEW YORK In an internal memo to the staff of newly merged satellite radio company Sirius XM, CEO Mel Karmazin named the company's five-person management team, culled from the ranks of both XM and Sirius.
Dara Altman, formerly evp of business and legal affairs at XM, was named evp and chief administrative officer; Patrick Donnelly, evp, general counsel at Sirius, retains his title for the merged company; David Frear, evp and chief financial officer at Sirius, also retains his title; Scott Greenstein retains his Sirius position as president, entertainment and sports of the merged company; and James Meyer from Sirius continues as president of operations and sales. All report directly to Karmazin.
"Please join me in congratulating these individuals who have helped build this industry and should give us all great confidence in the future of our company," says Karmazin. "I look forward to naming additional members of Sirius XM Radio's management in the near future."
Sirius' much-discussed, long-anticipated $3.3 billion absorption of XM was completed July 30 in an all-stock deal that took 18 months to wind through Washington's regulatory maze.