Clear Channel Inks SVP/Chief Accounting Officer Scott Hamilton To New Deal
June 26, 2014 at 3:57 AM (PT)
CLEAR CHANNEL parent CC MEDIA HOLDINGS, INC. has inked SVP/Chief Accounting Officer and Assistant Secretary SCOTT D. HAMILTON to a new contract, the company informed the SEC in a Form 8-K filing WEDNESDAY (6/25).
The deal runs from this past MAY 1st through APRIL 30th, 2018, with automatic two-year extensions absent notice of termination by either party. HAMILTON will get a base salary of $375,000 per year with eligibility for additional annual raises and an annual performance bonus targeted at 60% of his annual base salary.