XM Radio 2000 Annual Report Download - page 20

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18
MANAGEMENT
MANAGEMENT TO THE POWER OF X
XM SATELLiTE RADiO 2000 Annual Report
X
The extraordinary power and momentum building behind XM has not been gen-
erated spontaneously. Rather, a deep and experienced management team is
executing our business plan in an effective, timely and cost-efficient manner.
That management team has raised gross proceeds of $1.5 billion.
Moreover, it has led the way in designing, developing and implementing the
technology, attracting the programming partners and talent, working with radio
and auto manufacturers, and putting together the marketing strategy and busi-
ness plan that will enable XM to launch its service in Summer 2001.