CCM+E Creates Major Markets Operating Group

Changes At The Top

CLEAR CHANNEL MEDIA + ENTERTAINMENT has reorganized its radio division with the creation of a Major Markets Operating Group. The Group will be divided into four divisions led by led by EVP HARTLEY ADKINS, EVP TOM MCCONNELL, SVP KELLY KIBLER and GREG ASHLOCK, who has been promoted to Pres./CLEAR CHANNEL SOUTHERN CALIFORNIA. MATT MARTIN will remain Pres./Regional Markets. Also, Pres./Operations for Major Markets TOM SCHURR has left the company.

“As a company we continue to assess every aspect of our operations to make sure we have the right structure in place to efficiently and effectively leverage our position as the country’s leading multi-platform media and entertainment company,” CLEAR CHANNEL Chairman/CEO BOB PITTMAN said.  “Our Major Markets Operating Group will collaborate with our local market management to oversee our entire spectrum of media and entertainment platforms in our largest and highest revenue-generating markets.  This includes everything from our core broadcast radio and its strong digital platform, whose traffic has doubled in the last year, and the extremely successful iHEARTRADIO digital platform – to events and our expanded coordination with Clear Channel Outdoor, all of which we are increasingly mobilizing to benefit our national and local advertising partners.”

“It’s critical that we are able to coordinate and integrate our resources faster and more responsively," PITTMAN continued . "With our new Major Markets Operating Group, we will accelerate our decision-making, increase our flexibility and improve results, as well as increase the empowerment and accountability of our individual market leaders.  We’re pleased to expand the responsibilities of these four strong leaders within CLEAR CHANNEL.”

Regarding SCHURR's departure, PITTMAN noted, “During his tenure with us, TOM played a big role in CLEAR CHANNEL becoming the media and entertainment leader it is today. I know all of CLEAR CHANNEL MEDIA + ENTERTAINMENT joins me in thanking TOM for the many contributions he’s made to our company.”

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