Pandora Media Inc. p Chief Executive Roger Lynch and several top Pandora executives will be on their way out after the buyout deal with Sirius XM Holdings Inc. SIRI, -2.82% closes, the company said late Tuesday. Sirius Chief Executive Jim Meyer will lead the combined company, and Pandora's general counsel, chief financial officer, and chief human resources officer will leave. Sirius announced its plan to buy Pandora in September, and in a special meeting earlier Tuesday Pandora shareholders approved the deal, which is expected to close "shortly," Pandora said. Sirius shares rose 0.7% in the extended session Tuesday after ending the regular trading day down 0.2%. Pandora shares rose 1.1% after gaining 0.9% at the close.