Sirius XM Holdings Executive Compensation (FY25)
SIRI · New York, NY · Executive and director compensation, fiscal 2022 to 2025
The paid brief on Sirius XM Holdings
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 7, 2026Latest filing (8-K): June 1, 2026
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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222 figures on this page: 219 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
More on Sirius XM Holdings
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jennifer Witz: $37,084,318 → $8,012,795 (78.4% lower)
CEO pay ratio: 211:1 → 52:1 (75.4% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Sirius XM Holdings' chief executive and what were they paid?
Total compensation for Jennifer Witz, Chief Executive Officer, came to $8,012,795 in fiscal 2025. Compared with the $37,084,318 reported for fiscal 2024, Witz's total was 78.4% lower.
What was Sirius XM Holdings' say-on-pay result?
The say-on-pay proposal drew 98.0% of votes cast for or against in favor at the meeting held May 28, 2026 for fiscal 2025.
Which companies are in Sirius XM Holdings' peer group?
The disclosed peer group includes AMC Networks, Inc., EchoStar Corporation, Electronic Arts, Inc., Fox Corporation and IAC, Inc., among others.
What is Sirius XM Holdings' chief executive pay ratio?
The company reported a chief executive pay ratio of 52:1 for fiscal 2025, against median employee compensation of $152,992.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Joseph Inzerillo Chief Product and Technology Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Joseph Verbrugge Chief Commercial Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Patrick Donnelly Executive Vice President, General Counsel and Secretary | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Jennifer Witz Chief Executive Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Scott Greenstein President and Chief Content Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sean Sullivan Executive Vice President and Chief Financial Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jennifer Witz Chief Executive Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Thomas Barry Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Scott Greenstein President and Chief Content Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Joseph Inzerillo Executive Vice President and Chief Product and Technology Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Patrick Donnelly Executive Vice President, General Counsel and Secretary | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Sean Sullivan (Former) Executive Vice President and Chief Financial Officer Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jennifer Witz Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Scott Greenstein President and Chief Content Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Joseph Inzerillo Former Chief Product and Technology Officer Departed during or after this year | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Thomas Barry Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Patrick Donnelly Executive Vice President, General Counsel and Secretary | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Joseph Verbrugge Former Chief Commercial Officer Departed during or after this year | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Wayne Thorsen Executive Vice President and Chief Operating Officer | ◇ | ◇ | — | — | — | — | — | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Wayne Thorsen Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jennifer Witz Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Richard Baer Executive Vice President, General Counsel and Secretary | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Barry Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Scott Greenstein President and Chief Content Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Richard N. Baer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Richard N. Baer | PSU | ◇ | — | ◇ | ◇ | ◇ | — | ◇ |
| Thomas D. Barry | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas D. Barry | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
| Wayne D. Thorsen | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Wayne D. Thorsen | PSU | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ |
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Scott Greenstein | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Thomas Barry | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Jennifer Witz | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Wayne Thorsen | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Richard Baer | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Kristina M. Salen Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Gregory B. Maffei Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Jonelle Procope | ◇ | ◇ | — | — | — | — | ◇ |
Eddy W. Hartenstein | ◇ | ◇ | — | — | — | — | ◇ |
Anjali Sud | ◇ | ◇ | — | — | — | — | ◇ |
David M. Zaslav | ◇ | ◇ | — | — | — | — | ◇ |
Evan D. Malone | ◇ | ◇ | — | — | — | — | ◇ |
Michael Rapino | ◇ | ◇ | — | — | — | — | ◇ |
Dave Stephenson | ◇ | ◇ | — | — | — | — | ◇ |
James E. Meyer | ◇ | — | — | — | — | — | ◇ |
Jennifer C. Witz served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- AMC Networks, Inc. AMCX
- EchoStar Corporation SATS
- Electronic Arts, Inc. EA
- Fox Corporation FOXA
- IAC, Inc. IAC
- Lionsgate Studio Corp. symbol not shown
- Live Nation Entertainment, Inc. LYV
- Match Group, Inc. MTCH
- News Corporation NWSA
- Nexstar Media Group, Inc. NXST
- Omnicom Group Inc. OMC
- Roku, Inc. ROKU
- Snap Inc. SNAP
- Spotify Technology S.A. SPOT
- Take-Two Interactive Software, Inc. TTWO
- TEGNA Inc. TGNA
- Warner Music Group Corp. WMG
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 28, 2026 | = | ◇ | ◇ | ◇ |
| 2022 | June 1, 2023 | = | ◇ | ◇ | ◇ |
| 2019 | June 4, 2020 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Sirius XM Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Sirius XM Holdings sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
222 figures on this page: 219 cited to the filing that reported them, 3 calculated from figures it prints.
219 cited to the filing
3 calculated from the filing
Documents cited
- 0000908937-26-000015
- 0001104659-26-041777CEO Pay Ratio · Director Compensation · Director Compensation Table for 2025 · Grants of Plan-Based Awards in 2025 · and 3 more sections
- 0001104659-25-034663Summary Compensation Table
- 0000930413-24-001249SUMMARY COMPENSATION TABLE · Summary Compensation Table
- 0000930413-23-001679
- 0000930413-23-001281SUMMARY COMPENSATION TABLE · Summary Compensation Table
- 0000908937-20-000020
Cite this data
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Velarion, “Sirius XM Holdings executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SIRI (accessed 2026).
Short form: data: Velarion
The paid brief for Sirius XM Holdings
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Sirius XM Holdings discloses
The companies named in SIRI's own disclosed peer group.
Terms on this page
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}