Clear Channel exec John Hogan, pictured, is looking to tighten the company’s belt and achieve the “highest possible profitability and efficiency.” And that means that three veteran radio executives are on the way out, and three more are being promoted.
The trio that are exiting are Executive Vice President of Operations for Regional Markets George Toulas, and two Senior Vice Presidents of Operations: Dave Crowl and Tom Thon. Hogan thanked them for their contributions to Clear Channel and wished them well.
Meanwhile, there will be three new Senior Vice Presidents of Operations. Boston Market Manager Tom McConnell will oversee the Northeast; Washington DC Market Manager Hartley Adkins will oversee the Southeast; and San Antonio Market Manager Matt Martin will oversee the West.
In a memo to employees, Hogan said, “Over the last several months we have been reviewing our regional clusters with a view toward how we might better operate these clusters, given the unique aspects of their market size, competitive situations, the continually changing environment and in thinking of them not simply as radio stations but as widely distributed local businesses which face similar challenges. We are now prepared to begin developing an overall strategy for how those businesses might best be operated to ensure the greatest opportunity for audience growth, revenue growth, and the highest possible profitability and efficiency.”
Hogan said the promoted trio will work closely with himself, with other regional managers and with a small group of top execs, with the goal of reinventing the company’s regional operations and in developing strategy going forward.