Business
Thomas D. Barry Appointed Chief Financial Officer of SiriusXM
Sean Sullivan To Step Down as CFO, Effective April 28th Company Reaffirms Full Year 2023 Financial Guidance; Plans to Release First Quarter Financial and
About this update from Siriusxm Holdings Inc.
[{"type":"text","content":"Sean Sullivan To Step Down as CFO, Effective April 28th\nCompany Reaffirms Full Year 2023 Financial Guidance; Plans to Release First Quarter Financial and Operating Results on April 27th\nNEW YORK, April 4, 2023 /PRNewswire/ -- 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. \n\n \n \n \n \n \n \n\n \nMr. 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. \nJennifer 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.\"\nMr. 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 ens...