SiriusXM Holdings Inc. announced a leadership transition, appointing Anjali Sud as its next Chief Executive Officer, effective January 1, 2027. Ms. Sud, currently CEO of Tubi and a SiriusXM board member since March 2025, will succeed Jennifer C. Witz. Ms. Witz will step down as CEO on December 31, 2026, and will serve in an advisory role through the end of 2027.
Key Details
- New CEO: Anjali Sud will assume the role of CEO on January 1, 2027. She previously served as CEO of Tubi and Vimeo.
- Outgoing CEO: Jennifer Witz will step down on December 31, 2026. She will act as an advisor for one year, receiving a consulting fee of $175,000 per month.
- New CEO Compensation: Ms. Sud's employment agreement includes an annual base salary of $2.6 million, a target bonus of 200% of base salary, a $10 million sign-on RSU award, and initial annual time-based and performance-based RSU awards valued at $4.5 million each.