In the wake of CCME CEO John Hogan’s exit from the company in January, peeling of a layer of management at the company, Clear Channel Media and Entertainment says the new Major Markets Operating Group will consist of four divisions under leaders who will report directly to Bob Pittman, CC Media Holdings CEO. In the process, another exec has left the building:
“Each will be in positions where they can make the greatest impact on operations and future growth in the company’s leading broadcast and revenue-generating markets, and better and more quickly serve the individual communities in which Clear Channel operates. This more aligned operational management team will provide enhanced communication, collaboration and more efficient access to Clear Channel’s full range of multi-platform assets – including broadcast, digital and events, as well as overall company resources including research, revenue management, strategic analysis, corporate strategy and business affairs — for the leaders of the individual markets and their advertising partners,” says the company.
Effective 3/14, the Major Markets Operating Group will consist of four divisions led by Hartley Adkins, EVP; Tom McConnell, EVP; Kelly Kibler, SVP; and Greg Ashlock, formerly President of CC Los Angeles, who will now expand his responsibilities as President of Clear Channel SoCal. Matt Martin will continue in his position as President of Regional Markets. The company also announced Tom Schurr, President of Operations for Major Markets, has left the company.
“During his tenure with us, Tom played a big role in Clear Channel becoming the media and entertainment leader it is today,” said Pittman. “I know all of Clear Channel Media and Entertainment joins me in thanking Tom for the many contributions he’s made to our 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,” added Pittman. “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.”
Pittman continued, “It’s critical that we are able to coordinate and integrate our resources faster and more responsively. 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.”