Sirius XM CCO Joseph Verbrugge extends full-time role to July 31, 2024, then part-time advisor through Dec 31, 2024

SIRIUS XM HOLDINGS INC.

Chief Commercial Officer Joseph Verbrugge will remain full-time through July 31, 2024, then serve as part-time advisor to CEO until December 31, 2024.
During full-time term, Verbrugge receives base salary, benefits, and a pro-rated 2024 annual bonus; no severance benefits upon retirement.
If terminated without cause before July 31, 2024, Verbrugge will be paid base salary through that date.
This transition follows the earlier announced retirement effective June 27, 2024, to ensure orderly handoff.

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