Meyer Extends With SiriusXM


On Thursday, SiriusXM announced a new agreement with CEO James Meyer. The deal will pay him $2 million per year and run through the end of this year. Meyer will also be eligible for a bonus if the company achieves certain performance goals. And he’ll get a 3-year $6.6 million consulting deal with the company if he’s fired. Here’s more on that…

An 8K filed with the SEC says upon Meyer’s termination of employment “due to the expiration of the Employment Agreement or in the case of certain qualifying terminations, we have agreed to offer Mr. Meyer a three-year consulting agreement.” Meyer will be paid a fee of $2,200,000 per year. If Meyer’s employment is terminated as a result of his death or disability, or the company fails to enter into the consulting agreement in certain circumstances, then the company will pay him or his representative a lump sum of $6,600,000 as compensation for the lost consulting opportunity.


  1. My name is Khemais & Corinne Abdou we have been Sirius customers for decade now and we have the most HORRIBLE experience today with your customer service both in the Philippines and in Wisconsin which let us to cancel our services with your company.

    There is nothing on your web sites allows us to contact your corporate managements which we would love to share our horrible experience with them.
    My contact # is 612-240-7505

    We would love to hear from someone who really cares about your company not just a lip service person. Thanks!


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