Clear Channel is continuing the restructuring of its operations under Chairman/CEO Bob Pittman.
The Major Markets Operating Group of four divisions will be led by Hartley Adkins, Executive Vice President; Tom McConnell, Executive Vice President; Kelly Kibler, Senior Vice President; and Greg Ashlock, former President of Clear Channel Los Angeles, who will now become as President of Clear Channel Southern California. Matt Martin remains President of Regional Markets.
As part of the restructuring, Tom Schurr, President of Operations for Major Markets, has left the company.
Clear Channel Media and Entertainment, the leading media company in America with a greater reach than any other radio or television outlet, announced today the creation of a Major Markets Operating Group.
The Major Markets Operating Group will consist of four divisions under leaders who will report directly to Bob Pittman, Clear Channel’s Chairman and CEO. 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.Effective today, the Major Markets Operating Group will consist of four divisions led by Hartley Adkins, Executive Vice President; Tom McConnell, Executive Vice President; Kelly Kibler, Senior Vice President; and Greg Ashlock, formerly President of Clear Channel Los Angeles, who will now expand his responsibilities as President of Clear Channel Southern California. Matt Martin will continue in his position as President of Regional Markets.
“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,” said 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.”The company also announced today that 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.”
Ok sooooo, what’s going on here? What are the ultimate goals? Psssh, someone really needs to show them how to write a more concise press release, as a writer and philosopher, their press releases scream logical fallacy. Then again some of their actions, such as dc101’s recent Iheart content looped over analog broadcast making the stream unbearable to listen to, that’s what having less people to do more work gets you.
Bain should just file Bankruptcy and let the sell off begin.
I just realized that the name of their shareholding company shares the name of batman’s worst nemesis and evil antagonist, and the actions of both are remarkably similar. but for what its worth, there are some amazing talented djs who at least for now, still work for them. good luck to y’all
As I started to read through the above quoted release,
right after, “…who will report directly to Bob Pittman, Clear Channel’s Chairman and CEO.”,
the words changed to: Blah blah blah… blah blah blah, BLAH!
They are just wrapping the rotting remains of their “dead fish” philosophies in another layer or two of paper with a new bow, hoping the public thinks they are improving in overall radio satisfaction. But as long as CC (and Cumulus and Citadel and CBS) continue to shove the idea that “200-300 never-changing playlists for stations who claim to play music spanning a decade or more is good programming” down our throats, even Febreeze and an ionizer will not remove their stench.