SiriusXM Appoints Eve Konstan as Executive Vice President, Chief Legal Officer and Secretary

Rhea-AI Summary

SiriusXM (NASDAQ: SIRI) appointed Eve Konstan as Executive Vice President, Chief Legal Officer and Secretary, effective February 9, 2026. Konstan succeeds Richard N. Baer, who is retiring.

Konstan joins from Spotify where she served as General Counsel and previously spent 20+ years in senior legal roles at WarnerMedia and HBO. Leadership statements highlight her media and communications expertise and the company’s focus on execution and long-term value for shareholders.

Positive

• Experienced legal leader with senior roles at Spotify and WarnerMedia
• Succession effective February 9, 2026 provides a clear transition date
• Appointment framed as reinforcing leadership during a period of focused execution

Negative

• Retirement of Richard N. Baer may create short-term transition risk
• Potential loss of Baer’s firm-specific institutional knowledge

Key Figures

Appointment effective date: February 9, 2026 Tenure at WarnerMedia/HBO: more than 20 years

2 metrics

Appointment effective date February 9, 2026 Start date for Executive Vice President, Chief Legal Officer and Secretary role

Tenure at WarnerMedia/HBO more than 20 years Konstan’s prior experience with WarnerMedia Entertainment and HBO

Market Reality Check

Price: $20.06 Vol: Volume 4,593,368 vs 20-da...

normal vol

$20.06 Last Close

Volume Volume 4,593,368 vs 20-day average 4,399,267 (relative volume 1.04). normal

Technical Trading below 200-day MA ($20.14 vs $22), and 26.52% under 52-week high.

Peers on Argus

SIRI slipped 0.25% while key peers were mixed: PARAA -5.53%, PARA -4.91%, MSGS +...

SIRI slipped 0.25% while key peers were mixed: PARAA -5.53%, PARA -4.91%, MSGS +0.78%, SPHR -1.29%, IQ flat. With peers moving in both directions, the mild decline in SIRI appears more stock-specific than a broad sector move.

Historical Context

5 past events · Latest: Jan 06 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 06	Earnings date set	Neutral	-2.7%	Announcement of Q4 and full-year 2025 results release and call timing.
Nov 18	CFO appointment	Positive	-0.9%	Named new CFO for 2026 start while reaffirming full-year 2025 guidance.
Oct 30	Q3 2025 earnings	Positive	+10.1%	Release of detailed operating and financial results for Q3 2025.
Oct 22	Dividend declaration	Positive	-2.0%	Declared regular quarterly cash dividend of <b>$0.27</b> per share.
Oct 01	Earnings date set	Neutral	-0.3%	Scheduled Q3 2025 results release and investor conference call.

Pattern Detected

Recent corporate and shareholder-friendly announcements often saw modest downside moves, with the notable exception of a strong positive reaction to Q3 2025 results.

Recent Company History

Over the past few months, SiriusXM has focused on financial communications and capital returns, including a $0.27 quarterly cash dividend announced on Oct 22, 2025 and Q3 2025 results on Oct 30, 2025, which coincided with a 10.11% move higher. Scheduling earnings dates on Oct 1, 2025 and Jan 6, 2026 produced small negative reactions. The Nov 18, 2025 CFO appointment saw a slight decline. Today’s legal leadership change fits into this pattern of governance and management updates amid ongoing earnings disclosures and dividends.

Market Pulse Summary

This announcement highlights a senior leadership transition as SiriusXM appoints a new Executive Vic...

Analysis

This announcement highlights a senior leadership transition as SiriusXM appoints a new Executive Vice President, Chief Legal Officer and Secretary effective February 9, 2026. The incoming executive brings over 20 years of media and entertainment legal experience, spanning Spotify, WarnerMedia, and HBO. In recent months, the company has paired governance updates with earnings disclosures and dividends. Investors may focus on how this legal leadership supports strategic priorities, risk management, and execution around upcoming financial results and ongoing capital return policies.

Key Terms

corporate governance, mergers and acquisitions, intellectual property

3 terms

corporate governance regulatory

"including content licensing, corporate governance, mergers and acquisitions..."

Corporate governance is the system of rules, roles and oversight that determines how a company is directed and controlled, including the responsibilities of its board, executives and shareholders. Like the steering wheel and map for a car trip, it shapes decisions, sets checks on power and defines who can hold leaders accountable; strong governance reduces risk, builds trust and helps investors judge whether a company is likely to protect capital and deliver reliable returns.

mergers and acquisitions financial

"including content licensing, corporate governance, mergers and acquisitions..."

Mergers and acquisitions are processes where companies combine or one company purchases another to grow or improve their business. Think of it like two teams joining forces or one team buying out another to become stronger and more competitive. These activities matter to investors because they can influence a company's value, future growth, and overall market position.

intellectual property regulatory

"mergers and acquisitions, intellectual property, litigation and product counseling."

Intellectual property are legal rights that protect creations of the mind—such as inventions, brand names, designs, software, or secret formulas—giving the owner control over who can use, copy or sell them. For investors, IP is like owning a blueprint or recipe: it can generate steady income through exclusive sales or licensing, boost a company’s competitive edge and valuation, and also create costs or risks if rights must be defended or challenged in court.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 29, 2026 /PRNewswire/ -- Sirius XM Holdings Inc. (NASDAQ: SIRI) today announced the appointment of Eve Konstan as Executive Vice President, Chief Legal Officer and Secretary, effective February 9, 2026. Konstan succeeds Richard N. Baer, who is retiring.

Konstan is a distinguished legal mind known for her expertise in media, entertainment, and communications law, with an extensive background advising top companies. Most recently, Konstan served as General Counsel at Spotify Technology S.A, where she supported the organization across all legal matters, including content licensing, corporate governance, mergers and acquisitions, intellectual property, litigation and product counseling. Prior to joining Spotify, Konstan spent more than 20 years with WarnerMedia Entertainment and HBO, where she served in a variety of senior legal positions including Executive Vice President and General Counsel for both organizations.

"I'm pleased to join SiriusXM, an audio entertainment pioneer, as the company builds on its strong momentum and continues to evolve," said Konstan. "I look forward to working with Jennifer, the leadership team and the first-rate legal team to support the company's strategic priorities."

"Eve brings deep legal expertise across audio and the broader media landscape, and her appointment reinforces the strength of our leadership team during a period of focused execution," said Jennifer Witz, Chief Executive Officer, SiriusXM. "As we continue to advance our strategic priorities, I look forward to partnering with Eve to support the business and help deliver long-term value for our listeners, partners, and shareholders."

Witz added, "Rich has been an incredible addition to SiriusXM's team, and his impact on the team and the business will continue to be felt for many years to come. On behalf of the entire company, I want to thank Rich for his contributions to the organization and wish him the best in his next chapter."

About Eve Konstan
Eve Konstan most recently served as General Counsel at Spotify Technology S.A, where she was responsible for a wide range of legal matters including content licensing, M&A, litigation, employment, and compliance. Before joining Spotify in 2020, Konstan was Executive Vice President & General Counsel of WarnerMedia Entertainment and previously spent 20 years at HBO, ultimately serving as Executive Vice President & General Counsel of HBO. In that role, she oversaw all of HBO's legal matters worldwide, including production and clearance of original programming, global distribution agreements, litigation and employment matters, intellectual property, and antitrust matters. Konstan also practiced law at Cleary Gottlieb Steen & Hamilton. She holds a Bachelor of Arts with Honors from Eckerd College and a Juris Doctor degree from Columbia Law School.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Reaching a combined monthly audience of approximately 170 million listeners, SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com. 

Source: SiriusXM

Investor Contact:
Investor.Relations@siriusxm.com

Media Contact:
Maggie Mitchell
maggie.mitchell@siriusxm.com

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SOURCE Sirius XM Holdings Inc.

FAQ

Who is Eve Konstan and what role will she hold at SiriusXM (SIRI)?

Eve Konstan will serve as Executive Vice President, Chief Legal Officer and Secretary at SiriusXM effective February 9, 2026. According to the company, she succeeds Richard N. Baer and will lead legal matters across the organization.

When does Eve Konstan start as Chief Legal Officer at SiriusXM (SIRI)?

Eve Konstan’s appointment is effective February 9, 2026. According to the company, that date marks the formal succession from retiring CLO Richard N. Baer to Konstan.

What is Eve Konstan’s legal background before joining SiriusXM (SIRI)?

Konstan most recently served as General Counsel at Spotify and spent over 20 years in senior legal roles at WarnerMedia and HBO. According to the company, she has deep experience in media, IP, M&A and corporate governance.

Why did SiriusXM (SIRI) highlight Eve Konstan’s appointment?

The company said Konstan brings deep legal expertise across audio and media, reinforcing leadership during focused execution. According to the company, her skills support strategic priorities and long-term shareholder value.

What will happen to Richard N. Baer after the SiriusXM (SIRI) announcement?

Richard N. Baer is retiring and will be succeeded by Eve Konstan on February 9, 2026. According to the company, leadership thanked Baer for his contributions and wished him well in his next chapter.