1-13-14
Rumors have been swirling for months about John Hogan retiring from radio's largest company. Radio Ink has learned that Clear Channel may announce, as early as today, the retirement of Hogan and his office has already been cleared out. Last week when we reached out to Clear Channel representatives about a possible Hogan retirement they quickly denied it, with company spokesperson Wendy Goldberg telling Radio Ink, "not true." Yesterday several Clear Channel representatives did not return any of our requests for comment. As a result of a Hogan retirement, we've also learned President of Operations for Major Markets, Tom Schurr will get more responsibility and Clear Channel CEO Bob Pittman will step into the role of CEO for Radio. Schurr has been responsible for the markets generating the most revenue for Clear Channel.
Back in June it was announced that Hogan would be moving from San Antonio to New York City to be closer to the office in which Clear Channel CEO Bob Pittman worked. He was also given a $125,000 raise (to $1.125 Million per year), a housing allowance and moving expenses.
Hogan was named Chairman and CEO of Clear Channel?s Media and Entertainment division in February 2012. Prior to that Hogan was President and CEO (since August 2002). Hogan has been with Clear Channel since 1999. He began his radio career in 1981 in Atlanta as an account executive with Meredith Broadcasting.
John Hogan has been on Radio Ink's 40 Most Powerful People in Radio list for 12 years. He held the number one spot in 2009 and 2010. He's been number two six times, including the last three years.
Add a Comment Send This Story To A Friend
