Sirius Has New CFO

Sirius has a new chief financial officer to replace John Scelfo, who recently left the satcaster.
David Frear begins June 16 as Sirius EVP/CFO. Frear held the same position with Savvis Communications, a global managed network services provider. At Savvis he developed the business plan and took the new data communications company public in a $400 million offering in 2000.
Frear also was SVP/CFO for satellite services company Orion Network Systems in Rockville, Md. Joining Orion prior to the start of commercial operations, Frear assisted the company in raising $850 million to fund construction of its satellite system. Frear also held management positions at Bear, Stearns & Company, Credit Suisse, Transway International and Deloitte & Touche.