The board of Sirius XM Radio (SIRI) forms a search committee to find a replacement for the...

|About: Sirius XM Holdings Inc. (SIRI)|By:, SA News Editor

The board of Sirius XM Radio (SIRI) forms a search committee to find a replacement for the outgoing Mel Karmazin. The quick readthrough by RBC Capital analyst David Bank of the retirement of Karmazin is that the Sirius could take on more debt and increase its leverage, the game plan Liberty Media's John Malone (LMCA) used with DirecTV.