A Sirius Year with Karmazin

Friday, November 04, 2005

This story by FORTUNE senior writer Devin Leonard, has been picked up by many news outlets today, November marks his first anniversary as CEO of Sirius Satellite Radio. Mel Karmazin was miserable in his final days as Viacom's chief operating officer. The former Wall Street darling had struggled unsuccessfully to keep the company's stock aloft, lost his power struggle with Viacom CEO Sumner Redstone and finally left Viacom in June 2004. But he has returned from the depths, and he's never been happier. Karmazin says he is relieved to be out from under Redstone's thumb. "I'm just not very good at being a No. 2 person in the company," he admits. He adds that he found Redstone a particularly disagreeable CEO to work for.

Read the full story on Karmazin here

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