SiriusXM CEO Mel Karmazin steps down

Tom Pakinkis

American broadcasting company SiriusXM Radio has announced that CEO Mel Karmazin will leave the company on February 1, 2013.

Multiple reports also suggest that Karmazin will leave the company’s board simultaneously.

“SiriusXM is an extraordinary company with an incredible team,” said Karmazin in a statement. “It is an honour to come to work here every day where we truly deliver the best radio on radio.

“I am incredibly proud of what we have accomplished. Given where we started, it is ...

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