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Items Tagged With: “Mark Mays”
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Clear Channel M+E Chairman/CEO John Hogan made nearly $2.5 million in 2011
The just-filed proxy for the upcoming annual meeting spells out the components - John Hogan got $1 million base salary. $758,333 in bonus.
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Clear Channel names Bob Pittman CEO of CC Media Holdings
10 months after Pittman joined the company in the newly-created role of "Chairman of Media and Entertainment Platforms" (and also an investor), he becomes more closely involved. Parent CC Media Holdings announced today (Sunday, 10/2) that Pittman will join its Board of Directors and take the title of CEO of CC Media Holdings.
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With Mark Mays leaving as CEO, Clear Channel names new "Office of the President"
As expected since last Summer, Mark Mays stepped down on March 31 from his operating role as CEO and President of CC Media Holdings, though he remains as Chairman of the Board. Today Clear Channel says it is "has been actively searching for a replacement host, but to date has not identified a permanent successor." Now, much as Tribune did after the…
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Clear Channel Radio topline revenues grew 10% in the fourth quarter
Chief Executive Mark Mays tells the Q4 conference call there was "particular strength in our larger markets" for radio. (The Outdoor division showed the same pattern.) Clear Channel credits radio growth in both local and national business, and "improved rates" for advertising.
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Clear Channel, America's largest radio group, reports 4% higher revenues for Q2
About three-quarters of the increase came from higher national advertising, though average rate per minute of advertising sold also gained. Revenues for the now-private Clear Channel radio increased from about $717 million to about $748 million.
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Clear Channel CEO Mays Gets $1 Million Salary as Chairman – and Can Buy the Jet
The jet is a Gulfstream IV (N616CC) that Mark Mays has been using, and which he has an option to purchase if he chooses. The amended employment agreement filed by CC Media indicates that Mays will play a very active role when he leaves the CEO post and becomes Chairman of the Board.
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WSJ: Mark Mays to step down as head of Clear Channel
The Journal says Mays “plans to step down at the end of the year”, because controlling shareholders Bain Capital and Thomas H. Lee Partners “want to install an executive who is better positioned than Mr.
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Clear Channel Hires Replacement For CFO Randall Mays – Former WaMu Exec Tom Casey
Randall Mays is pulling back his involvement to become Vice Chairman of the Board of San Antonio-based Clear Channel Communications, and the search for his successor ends with Tom Casey. President/CEO Mark Mays says Casey “has a stellar record of meeting long-term financial and operating goals in his previous positions.” He gets credit for having “… Read More
Mark Mays pegs the number of Clear Channel layoffs at 1,850
That’s “across corporate, outdoor and radio”, and they constitute about 9% of the San Antonio-based company’s total work force. Mays says “these have been difficult decisions, yet necessary ones”, to position Clear Channel as “a solid company and in the most competitive position possible.” He tells employees that “we need to remain highly entrepren… Read More
