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Sirius XM CEO to step down Feb. 1

By Washington Examiner
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NEW YORK (AP) — Sirius XM Radio said Tuesday that CEO Mel Karmazin plans to step down early next year.

Karmazin, 69, will leave Feb. 1. His contract expires at the end of this year, but he will stay for another month to help transition a new CEO, the company said. He will also leave the company’s board.

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