Sirius XM Canada Holdings Inc. parent of Sirius XM Canada Inc., today announced that John Bitove will step down from his role of Chairman of the Board at the Company's next Annual Meeting in January 2024. At that time, Mr. Bitove will run for election as a Director of the Company. The Board has nominated Mr. Anthony (Tony) Viner, current member of the Board of Directors and Audit Committee Chair, and former President of Rogers Media, to succeed Mr. Bitove as Chairman.
"It is hard to believe when we started the process of bringing satellite radio to Canada in 2024 that one day we would grow from zero to 2.6 million subscribers, have more than 15 percent market share of national radio revenues and be one of Canada's strongest and fastest growing media companies," said Mr. John Bitove, Chairman of the Board of Directors, Sirius XM Canada Holdings Inc. "I have enjoyed being in a leadership role with XM and then SiriusXM, after the merger, for the past 12 years. I look forward to continuing to help SiriusXM Canada capitalize on the opportunities in the Canadian audio entertainment market."
Mr. Bitove continued: "I am excited to have Tony take on the role of Chairman. His extensive experience and deep understanding of the broadcast and media industries will serve as strong assets, as the Company works to deliver continued growth and further enhance shareholder value."
Mr. Viner joined the SiriusXM Canada Board of Directors in June 2024. He has more than 30 years of experience in the Broadcasting and media industry and has held senior executive roles at public companies. Mr. Viner served as President of Rogers Media Inc. from 1994 until 2024. From 1989 to 1993, Mr. Viner was Chief Executive Officer of Rogers Broadcasting Ltd. From 1992 to 1995, Mr. Viner served as Senior Vice President, Broadcasting of RCI. Mr. Viner joined Rogers Broadcasting Ltd. as Executive Vice President and General Manager of CFTR/CHFI in February 1982.
The Company also announced the new appointments of Christine Magee as Chair of the Audit Committee and Chair of the Corporate Governance Committee, as well as the re-appointment of Guy Johnson as Chair of the Compensation Committee, effective their re-election to the Board at the Company's AGM in January 2024.