Mel Karmazin is the CEO of Sirius Satellite Radio and will assume the same role at the newly formed Sirius XM company. As Sirius' CEO, Karmazin oversees all aspects of the company. Karmazin was also the president and COO of Viacom from 2000 to 2004.SIRIUS Satellite Radio: Mel Karmazin
Sirius's financial woes increased through the winter of 2008-2009, and Kamarzin considered bankruptcy. As the first debt payment came due on February 16, 2009, news about a last-minute buy-in by Liberty Media was reported; simultaneously, Sirius's creditors threatened to have Kamarzin removed if he could not find an investor.Biz Journal: Liberty Media and Sirius XM reportedly close to deal (February 16, 2009) The Washington Post: Sirius Debt Holders May Target Karmazin (February 16, 2009) Financial Times: Sirius XM weighs up Liberty offer (February 15, 2009)
Professional Profile
- 1981: President and CEO of Infinity Broadcasting CorporationForbes.com: Mel Karmazin Profile
- 1998: Chairman of the board at InfinityForbes.com: Mel Karmazin Profile
- 1999: President and CEO of CBS CorporationForbes.com: Mel Karmazin Profile
- 2000: President and COO for ViacomForbes.com: Mel Karmazin Profile
References
Fast Facts
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Born
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Alma mater
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Position
CEO of Sirius Satellite Radio
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Fact:
Inducted into the Radio Hall of Fame in 2003
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Son
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Previous position
President and Chief Operating Officer of Viacom
