Clear Channel Announces How They Plan to Fill Shoes of Mark Mays
 Mark Mays is officially out at Clear Channel and the Clear Channel board has made some changes to try and fill the void he left at the company. They have established a new position called "Office of the Chief Executive Officer" to serve the functions of the Chief Executive Officer and President until such time that a permanent replacement for Mr. Mays is hired. Clear Channel has appointed Thomas Casey, the current Executive Vice President and Chief Financial Officer of the Company, and Robert H. Walls, Jr., the current Executive Vice President, General Counsel and Secretary of the Company to also serve in such newly-created office for each of the Company.They both keep their current responsibilities. |
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