Sirius XM re-ups CFO Frear for three years

• Sirius XM (SIRI -1.1%) has formed a new employment agreement changing the title of David Frear to senior executive VP and CFO, and extending him until May 31, 2018.
• The deal also grants Frear options on 14.25M shares of common stock, vesting annually over the next three years.
• Frear's cash compensation at last report was $2.45M/year.