Founder and Chief Executive Officer of Good Karma Brands (GKB), and the son of Mel Karmazin, former CEO of Sirius Satellite Radio and former CEO of Viacom. Rankings. He also recruited Martha Stewart to Sirius, acquired the programming rights to NASCAR, and raised $500 million in debt financing.[5]. 2" at a company, but particularly under Redstone. In 2008, Mel Karmazin's compensation ranked 35th out of 9,135 executives tracked by ExecPay. Karmazin planned to step down February 1, […] [4] In the late 1960s, Karmazin left to work for the broadcasting company Metromedia. The deal brought Redstone together with CBS chief Mel Karmazin, another tough-talking executive from humble origins. [2] In 1998, Karmazin founded Good Karma Broadcasting, a sports radio firm in Beaver Dam, Wisconsin, 40 miles northeast of Madison, Wisconsin. [10] Karmazin is a resident of Greenwich, Connecticut. Mel Karmazin : biography August 24, 1943 – Melvin Alan "Mel" Karmazin (born August 24, 1943) is an American executive. The $37-billion deal brings together Redstone, a Harvard-educated Bostonian, and Karmazin, the son of a Queens, N.Y., cabdriver. Karmazin received $8.4M in bonus, accounting for 85% of the total pay in 2010. [9] In June, 2001, Karmazin married his longtime executive assistant, Terry Malia. We finally cut the cord!” And they all seem so f-ing happy and proud of themselves. In 1994, Karmazin divorced his wife Sharon Karmazin with whom he has two children: a daughter Dina Leslie Karmazin Elkins (born 1971) and a son Craig (born 1975). [4] At Metromedia, Karmazin presided over New York's WNEW-AM (now WBBR) and WNEW-FM when he was approached to run Infinity Broadcasting in 1981. Mel Karmazin Wikipedia 2020. The net cost for both stations was $9.5 million. [3], In 2006, he entered the Cleveland market simultaneously purchasing the gospel music station WABQ 1540 and the rights to the ESPN brand from sports talk station 850 WKNR, reformatting WABQ as a sports station. Dina Karmazin’s son, Hunter, was diagnosed with autism at age 2, and the Karmazin Foundation has been active in autism causes. Karmazin's reported 2012 pay and severance from Sirius XM amounted to over $255 Million. It is for the benefit of his five grandchildren. Martin 1 Scott Martin BUAD 455.01 September 22 nd, 2010 “Biography of Mel Karmazin” CEO of Sirius XM Radio INC” The purpose of this paper is to outline the life and career path of Mr. Mel Karmazin, the CEO of the SIRIUS XM Radio INC. Craig Karmazin is similar to these people: Mel Karmazin, Peter Hancock (businessman), Benny Higgins and more. In the world of radio, when they talk about a guy named Mel, there is little doubt about who they mean.Mel Karmazin, the most feared visionary in the … ... Mel Karmazin * Age: 56. [1] Craig Karmazin followed in his father's footsteps, when he began an internship at Infinity-owned WIP (AM) in Philadelphia in 1997. MBL @1116 (100.0%) on 12-sep-2018 [ Promotion of ceo:mel_karmazin ceoof company:cbs_evening_news ] using concept:ceo:mel_karmazin NELL has only weak evidence for items listed in grey professor While Mel Karmazin plots strategies to expand a media empire that already includes CBS and Viacom, his only son, Craig Karmazin, concentrates on the … Dina Karmazin’s son, Hunter, was diagnosed with autism at age 2, and the Karmazin Foundation has been active in autism causes. Mel Karmazin made Infinity Broadcasting one of the most profitable media companies in the United States in the 1990s. The son of Eastern European immigrants--his father drove a taxi, his mother worked in a curtain-rod factory--Karmazin grew up in a housing project in Long Island City, New York, in … And, his father, Mel Karmazin, CEO of Sirius XM Radio, is a big hitter in the broadcast industry. In 1994, Karmazin divorced his wife Sharon Karmazin with whom he has two children: a daughter Dina Leslie Karmazin Elkins (born 1971) and a son Craig (born 1975).

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