Clear Channel Extends Pittman's Contract

CC Media Holdings has extended the contract of Chairman and CEO Bob Pittman for an additional five-year term. Pittman joined Clear Channel in November 2010 as Chairman of Media and Entertainment Platforms. He became the CEO in 2011 and added the Chairman responsibilities in 2013.
The company also announced that John Hogan, Chairman and CEO of Clear Channel Media and Entertainment, is retiring. He has been awarded the title of Chairman emeritus of Clear Channel Media and Entertainment. Hogan joined Clear Channel in 1999 when the company acquired Jacor Communications, where he was Sr. VP of Radio. He became President and CEO of Clear Channel Radio in 2002. He was named Chairman and CEO of Clear Channel Media and Entertainment in 2012.
Clear Channel Media and Entertainment will now report directly to Pittman and Clear Channel’s President and Chief Financial Officer, Rich Bressler. William Eccleshare continues as CEO of Clear Channel Outdoor and reports to Pittman.