Sirius XM names Wayne Thorsen as COO

SiriusXM (SIRI) has appointed Wayne Thorsen, former Executive Vice President and Chief Business Officer at ADT Inc. (ADT), to serve as SiriusXM’s Executive Vice President and COO, effective December 16. In the newly-created role, Thorsen will oversee SiriusXM’s product and technology functions and be responsible for aspects of the company’s commercial activities, as well as business development, certain consumer marketing activities, and corporate strategy. With his depth of experience driving business development and innovation at a variety of leading companies including ADT, Google Inc., and Social Finance, Inc., Thorsen is well-positioned to help SiriusXM deliver meaningful results alongside greater efficiency. SiriusXM also disclosed today that Joseph Inzerillo has stepped down from his role as Chief Product and Technology Officer, effective immediately, to pursue other opportunities.