SiriusXM Names Thomas Barry as New CFO

Satellite radio company SiriusXM Holdings said on Tuesday (April 4) that Thomas Barry will take over as chief financial officer later this month, according to a company statement.

Barry succeeds Sean Sullivan, who is leaving Sirius on April 28 for an opportunity at another publicly traded company “outside the industry,” according to the statement.

Barry, a 14-year veteran of SiriusXM, takes on the job of head of finances amid a company-wide reorganization that involved eliminating 475 jobs in March, as SiriusXM shifts resources into technology initiatives.

Barry has experience in “organizational transformation,” the company said, having played a key role in the integration of Sirius and XM after its 2008 merger, including as it relates to Pandora and the connected vehicle business. Barry previously served as senior vice president and controller and as chief accounting officer at the company.

“Tom is an experienced leader who has played a key role on SiriusXM’s finance team for the last fourteen years and … (who) has deep insight into our business and SiriusXM’s strategic, operating and financial priorities,” Jennifer Witz, SiriusXM’s chief executive officer said in the statement.

SiriusXM will report its first quarter 20203 financial results on April 27.