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SIRIUS XM HOLDINGS INC. (SIRI) Form 8-K — Nov 9, 2026

$SIRIForm 8-KItems 5.02, 9.01Filed Nov 9, 2026, 8:00 AM ET0001104659-26-124177Original filing

SiriusXM announced on November 9, 2026 that Anjali Sud will become CEO effective January 1, 2027, succeeding Jennifer Witz, who steps down as CEO and director on December 31, 2026 after nearly six years leading the company and roughly 25 years overall. Sud has been a SiriusXM board director since March 2025 and is currently CEO of Tubi, where she grew the platform to more than 110 million monthly active users; she previously took Vimeo public as its CEO and held roles at Amazon and Time Warner.

Key figures

Sud base salary
$2,600,000 per year
Sud target bonus
2x base salary
Severance multiple
2x salary+bonus (3x within 24 months of change of control)
Sud employment term
January 1, 2027 through December 31, 2029
Witz consulting fee
$175,000 per month (Jan-Dec 2027)
Sud sign on rsu value
$10,000,000
Sud time based rsu value
$4,500,000
Sud performance rsu value
$4,500,000 target
Sud min annual equity 2028 2029
$9,000,000 per year

AI analysis

Red flags3 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.