SiriusXM names Tubi's Anjali Sud as CEO

Fox

Mon 13:45

Nov 9 (Reuters) - SiriusXM SIRI.O on Monday named board member Anjali Sud, the head of Fox-owned streaming service Tubi, as its CEO, turning to a digital media veteran to help reinvigorate growth as listeners shift away from satellite radio.

Here are more details:
Sud, who will take over as CEO effective January 1, 2027, has been an independent director on SiriusXM's board since March 2025 and will remain a member of the board following her appointment
She succeeds Jennifer Witz, who is stepping down after almost 25 years at the company, including nearly six as CEO
Witz will stay on in an advisory role through the end of 2027
Sud has led Fox Corp's FOXA.O Tubi since 2023 and previously was CEO of video platform Vimeo
SiriusXM is the largest US satellite radio company but has struggled to chart its future as more listeners choose streaming
SiriusXM reported third-quarter revenue of $2.15 billion last month, slightly below analysts' estimate of $2.16 billion, according to data compiled by LSEG

 (Reporting by Anzar Mehraj in Bengaluru; Editing by Aseem Gujar)
 ((Anzar.Mehraj@thomsonreuters.com))