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Sirius XM (SIRI) Presents at Deutsche Bank Annual Media, Internet & Telecom Conference (Transcript)

Mar. 09, 2021 10:16 PM ETSirius XM Holdings Inc. (SIRI)
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Sirius XM's (NASDAQ:SIRI) Deutsche Bank Annual Media, Internet & Telecom Conference Call March 9, 2021 4:00 PM ET

Company Participants

Sean Sullivan - CFO

Conference Call Participants

Bryan Kraft - Deutsche Bank

Bryan Kraft

Okay. Thanks everyone for joining us this afternoon. I'm Bryan Kraft, I cover the Media, Cable, Telecom sectors for Deutsche Bank. And I'm really pleased to introduce Sean Sullivan, the Chief Financial Officer of Sirius XM. Sean joined the company in the fall September, October time frame. And I believe this is the first time that he's doing a formal Wall Street conference as the CFO of Sirius XM. So welcome, Sean, and thanks for joining us today.

Sean Sullivan

Yes, thanks for having me.

Bryan Kraft

Sean, as the new CFO of the company, tell us what attracted you to Sirius XM? And what do you think of the company and long-term prospects now that you are four months into it?

Sean Sullivan

Yes, so excited to be here. It's been, I guess, the end of October, I joined. So only about four short months, as you said. I guess as I looked at the opportunity, Bryan, first and foremost, the people attracted me to the company. Obviously, the ownership, the controlling shareholder, to participate and be part of the management transition and support Jennifer and her ascension into being the CEO, number one was a great opportunity, I thought for me, both professionally and personally.

So, I've always been a longtime consumer of Sirius XM, not only in the car, but during my commuting days from Connecticut into the city. I've active digital Sirius XM app user, I guess we're almost up on a year of not doing that. So, big fan of the brand, big fan of the consumer value proposition, big fan of the obviously the content and what the content

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