Sirius XM Holdings Inc (NAS:SIRI)

$ 2.77 0.02 (0.73%) Market Cap: 10.67 Bil Enterprise Value: 20.08 Bil PE Ratio: 8.41 PB Ratio: 0 GF Score: 84/100

Sirius XM Holdings Inc at Goldman Sachs Communacopia Conference (Virtual) Transcript

Sep 15, 2020 / 12:50PM GMT

Release Date Price: $5.36 (-4.96%)

Transcript

Stephen Neild Laszczyk

Goldman Sachs Group, Inc., Research Division - Research Analyst

(inaudible)

James E. Meyer

Sirius XM Holdings Inc. - CEO & Director

I have thought about retirement. I'll be 66 years old in a couple of weeks, and don't believe in mandatory retirement. But I do believe when the day comes, you're not ready to give 250%, you really should let somebody else move forward. I love this company. I love the people at this company. But I just want to slow down a little bit. And I've been talking with Greg, our Chairman, Greg Maffei, our Chairman about that for a while.

Obviously, when the pandemic hit and then also, of course, the issues we've dealt with culturally with social injustice are front and center for us. Stability was most important. I think we've done, as a company, a really good job maneuvering through that. I think we've never been in a stronger position. And so I've gone to the Board and to Greg and said, "I think this is a good time for me to step down."

The Board ran a rigorous process because I gave them

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