---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-014762"
form_type: "8-K"
ticker: "SIRI"
cik: "0000908937"
company_name: "SIRIUS XM HOLDINGS INC."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T18:36:47.121624+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SiriusXM appoints Richard Baer as EVP, General Counsel effective March 3, 2025

## Summary
- Richard N. Baer appointed EVP, General Counsel and Secretary, effective March 3, 2025.
- Baer succeeds Patrick Donnelly, who is retiring after nearly 27 years at SiriusXM.
- Base salary of $1 million, target bonus of 150%, and $500,000 sign-on bonus.
- Equity awards: $1.5M time-based RSUs (3yr vest), $2M time-based RSUs (2yr vest), $1.5M performance-based RSUs.
- Term from March 3, 2025 to March 4, 2028, with automatic annual renewal.

## SEC filing metadata
- accession: 0001104659-25-014762
- form_type: 8-K
- ticker: SIRI
- cik: 0000908937
- company_name: SIRIUS XM HOLDINGS INC.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908937/000110465925014762/0001104659-25-014762-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908937/000110465925014762/tm256833d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-014762
- JSON: https://secwatch.observer/filing/0001104659-25-014762.json
- Plain text: https://secwatch.observer/filing/0001104659-25-014762.txt

## Key facts
- Executive change
  Richard N. Baer was appointed as Executive Vice President, General Counsel and Secretary at SIRIUS XM HOLDINGS INC..
  - Action: appointed
  - Role: Executive Vice President, General Counsel and Secretary
  source text: On February 17, 2025, our subsidiary, Sirius XM Radio LLC, entered into an Employment Agreement (the “Employment Agreement”) with Richard N. Baer to serve as our new Executive Vice President, General Counsel and Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/908937/000110465925014762/0001104659-25-014762-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.