Sirius XM hires Joseph Inzerillo as Chief Product & Technology Officer, effective Jan 10, 2022

SIRIUS XM HOLDINGS INC.

Base salary of $1,250,000; target bonus 150% of base salary.
Equity grants: option (BSM $2.25M), time-based RSUs ($4.25M), performance-based RSUs ($4.5M) with FCF and TSR metrics.
Awards vest over three years (2023-2025); performance RSUs cliff vest in Jan 2025.
Severance on qualifying termination: lump sum of base salary plus last bonus, plus pro-rata bonus and 18-month health coverage.
Inzerillo previously EVP & CTO at Disney Streaming; also held senior tech roles at MLB and BAMTech.

item 5.02 item 9.01

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Appointed

Joseph Inzerillo

Chief Product and Technology Officer

SIRI · SIRIUS XM HOLDINGS INC.

Effective: 2022-01-10
Filed: December 13, 2021, 6:59 PM ET

On December 10, 2021, our subsidiary, Sirius XM Radio Inc., entered into an Employment Agreement with Joseph Inzerillo to serve as its Chief Product and Technology Officer effective as of January 10, 2022

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph Inzerillo was appointed as Chief Product and Technology Officer at SIRIUS XM HOLDINGS INC..

Action: appointed
Role: Chief Product and Technology Officer

Exact text from the filing

On December 10, 2021, our subsidiary, Sirius XM Radio Inc., entered into an Employment Agreement with Joseph Inzerillo to serve as its Chief Product and Technology Officer effective as of January 10, 2022

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Source: SEC EDGAR

accession 0000930413-21-001973

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