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Anjali Sud Named SiriusXM's New CEO, Replacing Jennifer Witz
· Confirmed
In Short: SiriusXM Chairman Greg Maffei praised Sud, saying, 'Anjali has built some of the most successful consumer entertainment platforms, and as a member of our board.
TUBI CEO Anjali Sud (54396263510).
World of Radio 09 Nov 2026: SiriusXM appoints Anjali Sud CEO as Vodafone plans to cut 2,300.... RadioNizza
Witz, who will remain in an advisory role until the end of 2027, oversaw significant changes at SiriusXM, including the launch of a new app, expansion of in-car subscription experiences, and the introduction of a $7 low-cost streaming tier.
Sud, who has been CEO of Tubi since 2023, will bring her experience in growing user bases and expanding platforms to SiriusXM. She previously led Vimeo to a public offering and grew its user base to over 300 million.
SiriusXM Chairman Greg Maffei praised Sud, saying, 'Anjali has built some of the most successful consumer entertainment platforms, and as a member of our board, she brings an intimate knowledge of our business and strategy.'
Witz expressed pride in her tenure, stating, 'SiriusXM is now generating its best core financial metrics in years, returning to revenue growth and generating near-record levels of free cash flow. I firmly believe that SiriusXM is on a strong path and that now is the time for a transition.'
Sud's appointment comes as SiriusXM reported flat advertising revenue in its third quarter, with $456 million against $455 million a year earlier, and Pandora losing 2.75 million monthly users.
Background
Sud, who has been CEO of Tubi since 2023, will join SiriusXM's board and will stay on as an advisor until the end of 2027.
What's confirmed
- Witz, who is described as having stepped down from her role, oversaw a change-heavy period for the company, as it launched a new app, doubled down on its in-car subscription experience, launched a $7 low-cost streaming tier and expanded its podcast holdings.
- Current chief Jennifer Witz is stepping down.
- SiriusXM Nov. 9 named former Tubi boss Anjali Sud its next CEO, replacing Jennifer Witz, who is stepping down after 25 years at the satellite radio company, including six as CEO.
- SiriusXM ended the most-recent fiscal period with 33 million paid subscribers.
- SiriusXM has chosen Anjali Sud, chief executive of Fox's Tubi streaming service, as its next CEO, Bloomberg first reported on Monday.
- Shares of SiriusXM were up about 1% at $32.72 in premarket trading (benzinga.com), against a 52-week high of $33.76.
- “Anjali has built some of the most successful consumer entertainment platforms, and as a member of our board, she brings an intimate knowledge of our business and strategy,” SiriusXM Chairman Greg Maffei said in a release.
- Witz will remain in an advisory role at the company until the end of 2027 After almost two and a half decades with the company, Jennifer Witz is stepping down as CEO of SiriusXM.
- Sud “has built some of the most successful consumer entertainment platforms. In her previous roles, she scaled audiences, expanded platforms, and led businesses supported by both advertising and subscription models,” said Greg Maffei, chairman of the board of SiriusXM in a statement.
- She succeeds Jennifer Witz, who’s leaving the position after 25 years at the company.
- The handover arrives 11 days after SiriusXM reported a third quarter in which advertising revenue held at $456 million against $455 million a year earlier and Pandora lost 2.75 million monthly users.
- Witz will remain with SiriusXM in an advisory capacity through the end of next year.
What's still developing
- • SiriusXM has named Anjali Sud as its new Chief Executive Officer, effective Jan.
- She joins SiriusXM’s board at a time when the company is returning to its roots as a satellite radio-focused service, one that also has a companion streaming app and a handful of other business ventures.
- In a statement, Meyer said he was proud of the company’s accomplishments during his two-decade run, including its “unparalleled audio entertainment the company delivers to listeners across North America and the value it brings to its stockholders.” In January, SiriusXM reported $8.7 billion in income, nearly a quarter of which was attributed to subscription sales from its satellite radio service.
- Witz launched a new streaming app in 2023 and secured exclusive ad-sales and distribution rights to podcasts including "SmartLess," "Call Her Daddy" and "The Mel Robbins Podcast."
- Meanwhile, Maffei credited the departing Witz with for her work to strengthen SiriusXM’s subscriber foundation, expand its 360L in-car penetration and secure an advertising partnership with YouTube.
- Anjali Sud, who recently led Fox’s Tubi streaming service, will take the reins at satellite broadcaster SiriusXM, a bet that her experience at the Fox outlet will help broaden the appeal of the Sirius offering.
- .15 billion, slightly lower than the estimated USD 2.16 billion.
- Under Witz’s leadership, SiriusXM achieved record-low churn, returned to core revenue growth, launched 360L, built a top-tier podcast network, and established an advertising partnership with YouTube.
- Witz, who has been SiriusXM CEO the past six years, expanded in-car penetration, built one of the nation’s leading podcast networks, solidified premium content-led subscription businesses and produced record-low customer churn, Maffei said.
- Sud took over as the CEO of Tubi in September 2023.