Sirius XM Holdings Inc. Appoints Dave Stephenson as Independent Director

By Ahmed Jameison • Monday, September 08 15:52 • Permanent Link

Sirius XM Holdings Inc. (NASDAQ: SIRI) has announced the appointment of Dave Stephenson as a new independent director to the company's Board of Directors, effective September 18, 2025. Stephenson, who currently serves as Chief Business Officer and Head of Employee Experience for Airbnb, Inc. (NASDAQ: ABNB), brings with him a wealth of experience from some of the largest global technology companies.

Prior to his role at Airbnb, Stephenson spent 17 years at Amazon, where he held various positions, including Vice President and CFO of its Worldwide Consumer Organization. His appointment is seen as a strategic move to leverage his expertise in global business growth, human resources, operations, finance, and strategy to drive SiriusXM’s transformation journey and focus on financial strength and future growth.

SiriusXM's Chief Executive Officer, Jennifer Witz, expressed confidence in Stephenson's appointment, highlighting his business acumen and people-first mindset as valuable additions to the board. Witz emphasized the importance of maintaining the company's leading position in-car and delivering best-in-class experiences for their listeners while achieving meaningful business results.

Stephenson also expressed his enthusiasm about joining the board, citing his admiration for SiriusXM's powerful combination of world-class content and technology. He expressed his eagerness to collaborate with the board and management to deliver increased value to listeners and shareholders.

With a focus on commercializing Airbnb’s new and existing businesses, overseeing global supply, and executing global in-market strategy, Stephenson’s appointment is expected to provide key advisory support to the executive team and the company as a whole.

Dave Stephenson holds an MBA from the University of Iowa and a BS in Industrial and Management Engineering from Montana State University. He also serves on the board of Lyft, Inc.

SiriusXM is the leading audio entertainment company in North America, reaching a combined monthly audience of approximately 160 million listeners. The company offers a broad range of content, including live, on-demand, and curated programming across music, talk, news, and sports. The market has reacted to these announcements by moving the company's shares 1.66% to a price of $24.46. For more information, read the company's full 8-K submission here.

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