News

Pandora CEO out as shareholders approve SiriusXM acquisition


Tags:

Pandora’s shareholders have approved its acquisition by satellite-radio firm SiriusXM, which is now expected to close shortly. And the deal will mean changes at the top for the US streaming service, including the departure of its CEO Roger Lynch, along with general counsel Steve Bene, CFO Naveen Chopra and chief human resources officer Kristen Robinson.

The new boss? That’ll be Jim Meyer, the CEO of SiriusXM, who’ll now be running both companies.

Meyer didn’t comment as part of the announcement, but we can expect to hear more about SiriusXM’s plans for Pandora tonight (30 January) when the company announces its latest quarterly financials, including an earnings call with analysts.

Stuart Dredge

Sign up for Music Ally’s free weekly newsletter, The Knowledge – at-a-glance analysis of the modern music industry

Read More: News
Leave a Reply

(All fields required)