Shantel
Sirius XM Holdings Inc. (NASDAQ: SIRI) today announced that it has appointed Thomas D. Barry, who currently serves as Senior Vice President and Controller, as the Company’s next Chief Financial Officer. Effective April 28th, Mr. Barry will succeed Sean Sullivan, who is stepping down from the role of CFO to pursue another opportunity at a publicly traded company outside the industry. Mr. Sullivan’s transition will be effective April 28th, following the release of SiriusXM’s first quarter 2023 earnings and its quarterly earnings call.
Mr. Barry has more than 30 years of finance and accounting leadership experience. Since 2009 he has served as the Senior Vice President and Controller of SiriusXM and as the Chief Accounting Officer. Mr. Barry played an integral role in guiding the post-merger integration of Sirius and XM and subsequent acquisitions, including Pandora and the Connected Vehicle Business. Over the years, he has played a key role in organizational transformation, digital automation, and cost optimization initiatives while supporting rapid business revenue growth. Before joining SiriusXM, Mr. Barry served in finance leadership roles at Reader’s Digest Inc., Xerox Engineering Systems, and Avon Products Inc. Mr. Barry is a certified public accountant and earned a bachelor’s degree in business administration from Creighton University and an MBA from the University of Connecticut.
Jennifer Witz, CEO of SiriusXM said, “Tom is an experienced leader who has played a key role on SiriusXM’s finance team for the last fourteen years and we are confident he is the right person to serve as our next CFO. Tom has deep insight into our business and SiriusXM’s strategic, operating and financial priorities, and I look forward to working closely with him as we execute our strategy to drive profitable growth and generate returns for our stockholders.”
Mr. Barry said, “I am honored to take on this role and build upon SiriusXM’s strong financial foundation and leadership in audio entertainment. I’m excited to continue to work with Jennifer and the rest of the executive leadership to ensure that we are well positioned to capture the opportunities in front of us as we grow our business while creating value for our stockholders, subscribers and team.”
Ms. Witz added, “Sean and I have worked side by side during my tenure as CEO, and he has been a valuable member of our team. He helped lead a strong finance organization at SiriusXM and has strengthened our bench in the financial area, which will allow for a smooth succession. On behalf of the entire team at SiriusXM, I thank him for his contributions to our company and wish him all the best.”
Mr. Sullivan said, “SiriusXM is well positioned for the future and I have every confidence that the strong finance function will be in excellent hands under Tom’s leadership. I look forward to ensuring a smooth transition.”
The Company also today reaffirmed its full year 2023 financial guidance provided on February 2, 2023.
SiriusXM will release its first quarter 2023 financial and operating results on Thursday, April 27, and plans to hold a conference call the same day at 8:00 a.m. ET. A webcast of the presentation will be available on the Investor Relations section of the SiriusXM website at https://investor.siriusxm.com. To participate by telephone, please dial 877.407.4019 (Toll-free) or +1 201.689.8337 (Local) 10 minutes prior to the start of the call and ask to be connected to the SiriusXM conference call.
About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Reaching a combined monthly audience of approximately 150 million listeners, SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.
