Sirius XM Holdings Inc. announced the appointment of Zac Coughlin as its new Chief Financial Officer, effective January 1, 2026. Coughlin, who brings nearly 30 years of financial experience from roles at PVH Corp, LVMH's DFS Group, Converse, and Ford Motor Company, will succeed Tom Barry, who is stepping down on December 31, 2025. The company stated that Barry's departure was without any disagreements and that he will serve in an advisory capacity through February 1, 2026, to ensure a smooth transition. Alongside the executive change, SiriusXM reaffirmed its full-year 2025 financial guidance, which includes projected total revenue of approximately $8.525 billion and adjusted EBITDA of about $2.625 billion. Following the announcement, a positive market reaction was noted, with shares trading 1.42% higher in pre-market activity on the Nasdaq. The planned transition and confirmation of financial outlook appeared to provide stability amidst the leadership change in a competitive audio entertainment market.
SiriusXM Appoints New CFO, Reaffirms 2025 Guidance
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