SiriusXM Canada Appoints New Chief Financial Officer

SiriusXM Canada Appoints New Chief Financial Officer

Former Sirius Canada Chief Financial Officer, Jason Redman, to rejoin the
SiriusXM Canada Executive Team

TORONTO, Oct. 27, 2015 /CNW/ - Sirius XM Canada Holdings Inc. ("SiriusXM Canada" or the "Company") (TSX: XSR), parent of Sirius XM Canada Inc., today announced the appointment of Mr. Jason Redman as Chief Financial Officer, effective November 30, 2015.

"We are pleased to be welcoming Jason back to the SiriusXM Canada team," said Mark Redmond, President and CEO, SiriusXM Canada. "He is an accomplished operations and finance executive. He also has a deep understanding of our business and industry, having been Sirius Canada's former Chief Financial Officer who oversaw the merger with XM Canada. We are confident that the Company will benefit from his experience, knowledge and proven leadership capabilities, as we continue to execute on our growth strategy and work to deliver further long-term value to our shareholders."

Mr. Redman brings with him a broad range of skills in operations and financial management, built over his more than 20-year career. Most recently, he served as President, Drainage Solutions at Armtec LP - A Brookfield Company, one of Canada's largest infrastructure companies. In this role, Mr. Redman also served as President of the Corrugated Steel Pipe Institute and was an active member of the Management Committee of the U.S. Plastic Pipe Institute. Prior to joining Armtec, Mr. Redman held a number of other senior executive leadership positions. These include: Chief Operating Officer/Chief Financial Officer for Dealfind/Teambuy, Chief Financial Officer for Sirius Canada (prior to the merger with XM Canada) and Chief Financial Officer for ONEnergy Inc. Mr. Redman is a Canadian Chartered Professional Accountant, Chartered Accountant and a U.S. Certified Public Accountant-Delaware. He holds a Masters of Accounting degree from the University of Waterloo and a Masters of Business Administration from the Kellogg School of Management - Northwestern University in Chicago, Illinois. Mr. Redman is the recipient of the Governor General of Canada Medal and serves as an active member of the Young Presidents' Organization - Toronto Chapter.

"I am thrilled to be rejoining SiriusXM Canada," said Mr. Jason Redman, incoming Chief Financial Officer, SiriusXM Canada. "The Company is a clear leader in audio entertainment, with room for further growth. I look forward to working with the rest of the SiriusXM Canada executive leadership team to deliver further value to subscribers and shareholders for years to come."

Forward-Looking Statements

Certain statements included above are forward-looking in nature. Such statements can be identified by the use of forward-looking terminology such as "expects," "may," "will," "should," "intend," "plan," or "anticipates" or the negative thereof or comparable terminology. Forward-looking statements include plans, expectations, or other statements that are not statements of fact. Although SiriusXM Canada believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. SiriusXM Canada's forward-looking statements are expressly qualified in their entirety by this cautionary statement. SiriusXM Canada makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made, except as required by applicable law.

About SiriusXM Canada

Sirius XM Canada Holdings Inc. (TSX: XSR) operates as SiriusXM Canada. SiriusXM Canada, with more than 2.6 million subscribers, is the country's leading audio entertainment company and broadcasts more than 120 satellite radio channels featuring premier sports, news, talk, entertainment and commercial-free music. SiriusXM Canada offers an array of content from the most recognized news, entertainment and major sports brands including the NHL, NFL, NBA, NASCAR, CNN, CBC, FOX, BBC, Howard Stern, Disney, Comedy Central and more.

SiriusXM programming is available on a variety of devices including pre-installed and after-market radios in cars, trucks and boats, smartphones and mobile devices, and consumer electronics products for homes and offices. SiriusXM programming is also available online at www.siriusxm.ca and on Apple and Android-powered mobile devices.

SiriusXM Canada has partnerships with every major automaker and its radio products are available at more than 2,500 retail locations nationwide. To find out more about SiriusXM Canada (TSX: XSR), visit our website at www.siriusxm.ca.

SiriusXM Canada has been designated one of Canada's 50 Best Managed Companies six years in a row and 2013, 2014 and 2015 rankings in PROFIT 500's list of Canada's Fastest Growing Companies.

Join SiriusXM Canada on Facebook at facebook.com/siriusxmcanada, on Twitter at twitter.com/siriusxmcanada and on Youtube at youtube.com/siriusxmcanada.

SOURCE Sirius XM Canada Holdings Inc.

Sirius XM Canada Holdings Inc.

CONTACT: Robbie Sra, Sirius XM Canada, 416-513-7407, robbie.sra@siriusxm.ca; Kristen Dickson, NATIONAL Equicom, 416-848-1429, kdickson@national.ca


-------
Profile: intent