Around the Net
Sirius Extends Karmazin Contract
- The Wall Street Journal, Wednesday, July 1, 2009 10:18 PM
Sirius XM Satellite Radio gave CEO Mel Karmazin a pay increase, extended the term of his contract to 2012, and awarded him new options, indicating the board's approval of his work. Karmazin's
new salary is $1.5 million a year.
The CEO steered the company through the acquisition of rival XM …
